50% of automobile factories in the Russian Federation were unable to restore production after the introduction of sanctions
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Two years after the start of hostilities in Ukraine, half of the 21 Russian automobile plants that suspended production due to sanctions are still idle, Kommersant has calculated. The volume of car production in Russia is now much lower than the level of the previous crises of 2009–2010 and 2015–2016.
By the end of February, 21 large factories were operating in Russia, producing models for both the mass and premium segments. Ten of these sites were controlled by automakers from countries later recognized by the Russian authorities as unfriendly. Six more factories, including AvtoVAZ and Avtotor, assembled models from foreign manufacturers.
The sanctions led to the shutdown of almost all production, including the domestic Lada. However, soon the production of Russian models resumed, and the places of foreign players who left the Russian market were taken by domestic investors. But it was possible to establish machine production at these factories only in isolated cases.
Read more in the Kommersant article. “Sanctions Assembly”.
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