Russia’s Automotive Sector Collapses Again In May, Down Another -28%
Russia’s automotive industry continues its spiral, with passenger car and light commercial vehicle sales plummeting another -27.5% year-on-year in May 2025, totaling only 98,300 units. This decline continues the downward trend observed in April, where sales dropped by 26%. The Ministry of Industry and Trade attributed the May slump to seasonal factors. However, auto dealers contest this explanation, noting that May typically sees a boost in demand.
Russia’s Automotive Sector Collapses Again In May, Down Another -28% Read Post »