Russia’s production of cars up 16% in 2023 to over 720,000 units — minister
The production of cars in all segments rose by 16% in Russia in 2023 to over 720,000 units, Deputy Prime Minister, Industry and Trade Minister Denis Manturov said, Azernews reports, citing TASS.
"Production added 16% last year as over 720,000 cars in various segments rolled off the production line in the country," he said at a meeting headed by Prime Minister Mikhail Mishustin.
A total of 1.3 mln new cars were sold on the domestic market, the minister added.
In particular, sales of new passenger cars surged by 62% in 2023 to over 1.056 mln units, while sales of light commercial vehicles (LCV) increased by 35% to 105,000 units, the ministry said earlier. The market of trucks climbed by 74% in the reporting period to 140,200 units, while the market of buses rose by 19% to 17,800 units.
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