Car sales in Russia plunged by 83.5 percent year-on-year to 24,268 units in May of 2022, the least since data started being collected in 2006 and accelerating from a 78.5 percent drop in the previous month, as sanctions and economic isolation continued to pressure the industry. Production was seen significantly lower as foreign producers left Russia after the invasion of Ukraine, while penalties from the West suspended imports of components and parts that the domestic industry heavily relies on. As of early June, only two auto factories operate in the country, compared to more than 20 before March. source: Association of European Businesses

Total Vehicle Sales in Russia averaged 158886.78 Units from 2006 until 2022, reaching an all time high of 291020 Units in April of 2008 and a record low of 24268 Units in May of 2022. This page provides - Russia Total Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Total Vehicle Sales - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Total Vehicle Sales in Russia is expected to be 197696.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Total Vehicle Sales is projected to trend around 197696.00 Units in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Russia Total Vehicle Sales

Calendar GMT Actual Previous Consensus TEForecast
2022-05-11 12:00 PM Apr -78.5% -62.9%
2022-06-06 11:00 AM May -83.5% -78.5%

Related Last Previous Unit Reference
Car Registrations 24268.00 32706.00 May 2022
Total Vehicle Sales 24268.00 32706.00 Units May 2022

Russia Total Vehicle Sales
In Russia, Total Vehicle Sales refer to total registrations of car and light commercial vehicles.
Actual Previous Highest Lowest Dates Unit Frequency
24268.00 32706.00 291020.00 24268.00 2006 - 2022 Units Monthly