Support The Moscow Times!

Auto Output Up 17.5%

Automakers produced 1.1 million passenger vehicles in the January-to-July period, up 17.5 percent year on year, the State Statistics Service said, Interfax reported. 

In July alone, passenger vehicle output rose 11.9 percent, although compared with June it was down 9.5 percent. 

Truck production edged up 2.2 percent year on year to 114,000 vehicles in the seven months. However, it was down 7.9 percent  (both year on year and quarter on quarter) in July. 

The Automobile Manufacturers Committee of the Association of European Businesses previously said that sales of new passenger vehicles and light commercial vehicles grew 14 percent to 255,560 automobiles in July and 14 percent to 1.67 million automobiles in January to July. 

(MT)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.