The Russian car market grew by 9% in March
Sales of passenger cars and light commercial vehicles grew by 9.4% in March to 137894 cars in Russia. According to the results of three months of 2017, the Russian car market grew by 1% to 322464 cars, according to the data of the Association of European Businesses.
The Ministry of Industry and Commerce expects 8.4% rise in Russian car production in 2017, to 1.4 million units
The production will increase relatively evenly amongst the segments, each by around 8.4%, according to the calculations of the ministry. Thus, car production should increase to 1.2 million units, trucks – to 64,900, light commercial vehicles (LCV) – to 122,200. The rise expected in bus production is a little bit more, by 8.7% to 13,800 units.