Crisis in Russia, Economy & Business

Russia’s automotive industry continues to collapse

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Russia’s automotive industry continues to collapse One of Russia’s largest industrial sectors is dying in plain sight. The country’s automotive industry, once a key pillar of Soviet-era manufacturing and a symbol of post-Soviet modernization, is now in terminal decline. Since the 2022 invasion of Ukraine, Western sanctions, the exodus of foreign manufacturers, and Russia’s inability to develop a self-sufficient supply chain have gutted the sector.

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