Russian economy slump as car sales decline by 33% and it’s ‘accelerating’

Adam Toms - Express - 09:00
President Putin is dealing with economic woes as the war in Ukraine drags on.

Sales of cars produced by Russian producer Lada are experiencing an accelerating downturn, reports suggest, and its boss has demanded more support. It comes as S&P Global data suggested that the country's manufacturing sector as a whole suffered its steepest decline in nearly three years in March. The president of AvtoVAZ, Maxim Sokolov, told reporters that sales of Lada vehicles on the dom...
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