2015 Car and Light Commercial Truck Sales in Russia

January 23, 2016 at 2:48 PM

This six-page report from the Moscow-based Assn. of European Businesses details the continuing collapse of vehicles sales in Russia in 2015.

Deliveries for the year plunged 36% to 1.60 million cars and light commerical vehicles, including a 46% drop in December to only 147,000 units. The report shows that virtually all car companies and brands suffered.

The 2015 total represents a 46% drop from Russia's record-high sales of 2.94 million vehicles in 2012. The decline has been blamed on international sanctions imposed over Russia's involvement in Ukraine and falling oil prices that hurt the country's petroleum-based economy.