In Russia, the production of passenger cars has increased and the production of trucks has decreased

In January 2025, 54.5 thousand passenger cars were produced in Russia, which is 20.2% more than in the same month last year. However, compared to December 2024, the production of passenger cars decreased by 31.6%. This follows from data Rosstat.

At the same time, the production of trucks at the beginning of the year amounted to 8,9 thousand units. This is 30.8% less than in January 2024, and 48.2% less than in December last year.

Bus production has also declined sharply. Thus, 529 units of transport with a maximum mass of more than 5 tons (-46.6% YoY) and 849 buses weighing no more than 5 tons (-30.7%) were produced during the month. In the first case, compared to December last year, output fell by 71%, and in the second — by 40.7%.

The production of internal combustion engines for motor vehicles has also decreased. In January, it amounted to 13.5 thousand units (-7.2% YoY and -26.2% YoY).

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The day before, it was reported that by the end of January 2025, the number of car loans issued for new and used cars amounted to 59.6 thousand units, which is 42.7% less than in the previous month. As the analysts explained, the factors contributing to the decline in car loans included an increase in recycling fees and market rates.