Government expects 10% growth in car production in Russia in 2018

Government expects 10% growth in car production in Russia in 2018

RNS – The Ministry of Industry and Commerce expects 10% growth in car production in Russia in 2018. The relevant statement has been made by the minister of industry and commerce Denis Manturov during an interview with Russia 24 television channel.

“The main measures will continue next year. The amount of government support, which will be enough to maintain demand and increase the production figures by approximately 10% this year, has already been defined in the budget” – Manturov said.

2017 car production figures in Russia have not been revealed yet. According to Rosstat data, car production in Russia has grown by 22.4% year-on-year by the end of the first 11 months of the year, with 1.3 million units.