The association had previously anticipated a contraction of 15% to 1.4 million vehicles in 2025.\u00a0<\/p>\n
\t\tnews \t\t\t\tRussian Car Sales Plunge 27.5% Year-on-Year Analysts at the association said that market growth could resume if the government provides support, specifically by renewing state programs aimed at boosting demand.\u00a0<\/p>\n \u201cWe also expect the first modest cut in the key interest rate to contribute to market stabilization, with further downward adjustments likely to bolster positive momentum,\u201d the press release said, referring to the Central Bank\u2019s lowering<\/a> of the key interest rate from 21% to 20% in early June.<\/p>\n A Message from The Moscow Times:<\/strong><\/p>\n Dear readers,<\/p>\n We are facing unprecedented challenges. Russia’s Prosecutor General’s Office has designated The Moscow Times as an “undesirable” organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a “foreign agent.”<\/p>\n These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work “discredits the decisions of the Russian leadership.” We see things differently: we strive to provide accurate, unbiased reporting on Russia.<\/p>\n We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help<\/a>.<\/p>\n Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It’s quick to set up, and every contribution makes a significant impact.<\/p>\n By supporting The Moscow Times, you’re defending open, independent journalism in the face of repression. Thank you for standing with us.<\/p>\n \n\t\t\t\tContinue\n\t\t\t<\/p>\n \t\t\t\t Not ready to support today? \u00d7<\/p>\n \t\tRemind me next month<\/strong><\/p>\n \n\t\t\tThank you! Your reminder is set.\n\t\t<\/p>\n
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