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Up to 1.64 million cars per year will be sold in Russia by 2035, while the share of imported cars will decrease from the current 40% to 17%

The total volume of sales of cars and buses in the Russian market by 2035 will amount to almost 2 million units. This follows from the draft strategy for the development of the automotive industry of the Russian Federation until 2035 prepared by the Ministry of Industry and Trade.

In 2022, 800,000 cars and buses will be sold on the Russian market, the document states. At the same time, production will increase from almost 500 thousand cars in 2022 to 2.1 million in 2035. The share of imported cars in the market will decrease from 40% in 2022 to 17% in 2035. Moreover, by 2035 the share of highly localized passenger cars will be 81% (now the figure, according to the strategy, is 0%).

As for passenger cars, in 2022 the sales volume will be 600 thousand units, production – 371 thousand, by 2035 the figures should increase to 1.64 million and 1.77 million, respectively.

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