Russian car market to shrink by 50-70%

11:57 - 14.11.2022


November 14, Fineko/abc.az. Because of shortage of new cars, their sales may decrease by 50-70% by the end of this year.

At that, Avtodom’s press service predicted that in 2022 car sales will fall by 58-65% by 2021, to 600,000 vehicles.

Alexey Starikov, a representative of Avilon, said that it is difficult to predict exactly how much the Russian car market will fall:

"However, based on the current situation, it is obvious that the shortage of cars and the decline in sales will continue until the end of the year."