Car production fell by 25% in Russia by the end of four months of 2016

Car production fell by 25% in Russia by the end of four months of 2016

Interfax – Car production has decreased in Russia. 345,000 passenger cars have been manufactured in Russia during the January-April period, which is equivalent to a 25.1% shrinkage in comparison with the same period of the previous year, according to Rosstat data. The year-on-year shrinkage rate for April 2016 is 21.7%.

Truck production (including chassis) has gone up by 10% by the end of the first four months of 2016 to 37,900 units, in contrast with the decline in bus production, by 3.7% to 9300 vehicles.