Russia Sets Ambitious Auto Production Targets Through 2035
According to the press agency TASS, Russia plans to push its passenger car output to 700,000 units in 2024, with a longer term aim of reaching 1.6 million vehicles annually by 2035. The figures are cited as goals by the Ministry of Industry and Trade, signaling a clear focus on expanding automobile manufacturing across the coming decade.
The ministry outlined a stepped series of target groups for automotive products and their corresponding production milestones. The baseline for passenger cars is 0.7 million units in 2024, rising to 1.4 million in 2030, and culminating at about 1.6 million in 2035. The trajectory reflects a strategic plan to scale assembly lines and supply chains in tandem with market growth and export considerations.
Additionally, the ministry noted smaller production segments, with an 84,000-unit level anticipated for 2024 and a forecast of 187,000 units in 2035. These figures illustrate a broader mix in the domestic automotive sector beyond the core passenger car segment, including light commercial vehicles and related categories.
Data from the European Business Association indicates that in 2017 Russia sold 1,596 new passenger cars and light commercial vehicles, suggesting the ministry may be aiming to return to that level of activity within a twelve year span. This historical reference helps frame expectations for the pace of modernizing plants, updating technology, and stabilizing domestic demand against regional production cycles.
Earlier reports pointed to substantial sales expectations, with socialbites.ca noting a projected 950,000 new cars sold in Russia by the end of 2023. While market conditions shift, the long term planning signals a focus on rebuilding production capacity to support a robust automotive industry within the national economy.
Overall, the ministry’s projections indicate a deliberate effort to expand vehicle manufacturing capacity while balancing the growth of smaller segments. The roadmap emphasizes investment in manufacturing infrastructure, skilled labor, and supplier networks to meet the envisaged production levels. As the sector evolves, stakeholders in production, policy, and business will watch closely how supply chains, domestic demand, and international trade influence outcomes in the near term and over the long horizon. These targets align with broader industrial modernization goals and reflect a strategic push toward greater self sufficiency in vehicle assembly and related components. Acknowledgments from the ministry emphasize that achieving these milestones will require coordinated action across government, manufacturers, and suppliers, with ongoing assessment of fiscal incentives, investment programs, and technology adoption. Source notes: TASS and the Ministry of Industry and Trade provide the core reference points for these projections, while historical data from the European Business Association offers context for near term baselines and potential rebound paths.