Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Car Production in Russia Down 28% in 2015

A total of 1.2 million passenger cars were produced in Russia last year, down 27.7 percent compared to 2014, according to a report published by the Rosstat state statistics service on Monday.

In December, passenger car output declined by 38.9 percent compared to the same period last year, according to Rosstat data.

The decline comes amid a sharp decline in the demand for cars as a result of the weakening of the ruble and the falling purchasing power of Russians.

A total of 1.6 million new passenger cars and light commercial vehicles were sold in Russia in 2015, a 35.7 percent drop compared to the previous year, the Automobile Manufacturers Committee of the Association of European Businesses said in statement in January.

The slump in output has also been seen in commercial vehicles. Production of commercial vehicles fell by 14.7 percent to 131,000. The production of buses last year was at 36,700, down 17 percent compared to 2014, Rosstat data showed.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more