The consequences of sanctions hit the automotive business - sales of passenger cars in Russia collapsed compared to last year

83.5% fewer cars were sold, according to the Association of European Businesses. According to their own data, 24.3 thousand cars were sold in the country. Since the beginning of the year, sales have exceeded 318 thousand cars, which is 52% lower than the same period last year.

Because of the sanctions in Russia, imports of car parts and cars themselves have dwindled. In addition, a number of companies announced their withdrawal from the Russian market, and some, like Renault, closed their assembly shops and production facilities in the country.