Sales of new cars and light commercial vehicles in Russia plunged 58% year on year in May.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The Association of European Businesses (AEB) added that sales fell 47% year on year from January to May, according to an AFP report.


“There are some signs that the pace of decline in the Russian market is slowing but there is still considerable variation between individual segments,” David Thomas, chairman of the AEB Automobile Manufacturers Committee, was quoted as saying.


Last month, 119,376 new cars and light vehicles were sold, and 645,162 in the first five months of the year.


“So far government support measures have not been able to stop the decrease in [auto] sales,” Martin Jahn, the committee’s vice chairman, was quoted as saying, calling for more money and support measures.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now