The Ministry of Industry and Trade is confident that car sales in Russia will grow in 2023 compared to last year. And this despite the fact that “the automotive industry is one of the sectors that has suffered in terms of volume from the challenges that have occurred in the economy as a whole,” said Albert Karimov, Deputy Minister of Industry and Commerce.
“Given the forecasts, the current situation and the pressure of external sanctions, and even taking into account that companies were operating at full capacity in the first quarter of last year, we expect to be back on track by the end of this year. to increase “said Karimov.
In 2022, the market will be about 1,050 million units, taking into account used cars imported into the Russian Federation, he specified.
Avtostat previously published a market forecast for 2023, which even assumes sales of 630,000 vehicles in the worst case scenario, which is slightly higher than the 2022 level (+0.5%). In the base scenario – 780 thousand units (+25%), and in the optimistic scenario – 870 thousand (+39%).
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Source: Prime