New Car Sales in Russia Up 48 Percent in 2024
TEHRAN (ANA)- Russian analytical agency Autostat reported that new car sales in the country increased 48% year-on-year to 1.5 million in 2024.
The agency said new car sales in December 2024 climbed 3.3% on an annual base to 123,000.
Russian car brand Lada made up 28% of the new car sales in the country, while Chinese firms Haval, Chery, Changan, Geely, Omoda, Exeed, and Jetour also significantly contributed to the rise in sales.
Western carmakers were market leaders in Russia until February 2022, as they withdrew from the country with the start of the war in Ukraine.
Car sales reached a standstill in Russia, while Chinese carmaker exports to Russia and domestic production increased, putting the Russian car market into recovery.
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