Sales of new cars in Russia rebounded in 2023 to 1.06 million units, data from Russian analytical agency Autostat showed on Wednesday, as the industry partially recovered from sanctions and the departure of many foreign automakers.
The revival, a 69% year-on-year increase, fell short of car sales in 2021, the year before Russia launched what it calls a “special military operation” in Ukraine, when 1.51 million vehicles were sold.
In December 2023, new car sales were 110% higher year-on-year, the data from Autostat and its partner consulting company PPK showed.
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