Sales

Russian new-car sales plummet 84% in May as isolation hits once-hot industry

VW Kaluga
Volkswagen is among automakers that halted production in Russia after the Ukraine invasion. Shown is the automaker's factory in Kaluga.
B
By:
Bloomberg
June 07, 2022 06:39 AM

Russian new-car sales plunged 84 percent in May, as sanctions and international isolation brought an industry that had once been a showcase for foreign investment to a near standstill.

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