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No One Is Buying New Cars in Russia

  • New car sales in Russia have plummeted, with a decline of 45 percent in March 2025 compared to the previous year.
  • This is the country's third-worst sales contraction in the past 10 years.
  • The decline has raised concerns of a crisis in the industry, requiring urgent state support.
  • The exit of many global automakers from the Russian market and the impact of sanctions have further strained the domestic car industry.

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