Russian auto sales fell 62.4% year on year in August

by SpeedLux
Moscow Russia

New car sales in Russia dropped 62.4% from a year earlier during August, after a drop of 74.9% in July, according to the Association of European Businesses (AEB).

A total of 41,698 new cars were sold, dropping from over 110,000 in August 2021.

Russia’s auto industry has been hit by Western sanctions imposed on Russia after the military conflict between Russia and Ukraine intensified on February 2022.

The 62.4% decline in August was the smallest monthly drop since then.

Many factories have suspended production and furloughed workers also because of shortages of components.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More