Production increased by 16%
Deputy Prime Minister and Head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov, who heads the board of directors of AvtoVAZ, at an operational meeting with the Chairman of the Government of the Russian Federation Mikhail Mishustin, announced how many cars were produced in the Russian Federation last year.
He stated that correctly set priorities made it possible to solve the main strategic problem while preserving the competencies and teams of the enterprises. In total, more than 720,000 vehicles were produced in 2023, which is 16% more than a year earlier.
At the same time, total sales of new cars of different segments in Russia last year amounted to more than 1.3 million units.
Denis Manturov emphasized that programs to stimulate demand for domestic cars are working well. The 16 billion rubles allocated last year allowed the sale of 62 thousand cars.