Car imports to Russia up by 50% by the end of the first quarter of 2018

Car imports to Russia up by 50% by the end of the first quarter of 2018

RusAutoNews.Com – According to the Russian Federal Customs House data, passenger car imports to Russia have decreased by 49,8% year-on-year to 66,9 thousand units by the end of the first quarter of 2018, with a total value of $1,67 billion. 32 thousand of these vehicles (+56,3% y/y)  were imported in March 2018 for $823,6 million.

Passenger car exports of the country have grown also, by 16,2% y/y to 15,7 thousand vehicles, generating $219,5 million. In March 2018 6,1 thousand passenger cars (+16,3% y/y) have been exported for $82,5 million.