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Only 24,268 cars and light commercial vehicles were sold in Russia in May, the Association of European Businesses in Moscow said.
The collapse in sales last month follows a 78.5 percent drop in April.
Sales have fallen Lada carsNissan-Renault Group, the most popular and affordable brand, is manufactured by AvtoVAZ, which is majority-owned by the Nissan-Renault Group, increasing by 84 percent to 6000 units year on year.
Western countries have imposed tough sanctions on Russia in the wake of Moscow’s military operations in Ukraine, which began in February.
In May delivered Renault Its assets are domestic to the Russian government, in its first major nationalization since the imposition of sanctions. Renault owns 86 percent of AvtoVAZ But the pressure was put on it to withdraw from the country.
stopped a lot of car manufacturers Sales of its cars or spare parts to Russia, such as Audi, Honda, Jaguar and Porsche.
Among the companies that have halted manufacturing in Russia are BMW, Ford, Hyundai, Mercedes, Volkswagen and Volvo.
The statistics agency said last week that Russian industrial production It fell for the first time since the start of the war in Ukraine, by 1.6 percent in April compared to the same period last year.
and display Automotive production sector A setback and a decline of 85.4 percent on an annual basis.
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Only 24,268 cars and light commercial vehicles were sold in Russia in May, the Association of European Businesses in Moscow said.
The collapse in sales last month follows a 78.5 percent drop in April.
Sales have fallen Lada carsNissan-Renault Group, the most popular and affordable brand, is manufactured by AvtoVAZ, which is majority-owned by the Nissan-Renault Group, increasing by 84 percent to 6000 units year on year.
Western countries have imposed tough sanctions on Russia in the wake of Moscow’s military operations in Ukraine, which began in February.
In May delivered Renault Its assets are domestic to the Russian government, in its first major nationalization since the imposition of sanctions. Renault owns 86 percent of AvtoVAZ But pressure was put on it to withdraw from the country.
stopped a lot of car manufacturers Sales of its cars or spare parts to Russia, such as Audi, Honda, Jaguar and Porsche.
Among the companies that have halted manufacturing in Russia are BMW, Ford, Hyundai, Mercedes, Volkswagen and Volvo.
The statistics agency said last week that Russian industrial production It fell for the first time since the start of the war in Ukraine, by 1.6 percent in April compared to the same period last year.
and display Automotive production sector A setback and a decline of 85.4 percent on an annual basis.