Not unexpected given that half of the manufacturing was by foreign brands.
Will be back to normal in two years.
For foreign manufacturers I don’t know. Renault used to make 40% of its profit in Russia.
“Spending on new cars in Russia more than halved last year as the auto industry felt the full force of Western sanctions over the conflict in Ukraine”
In 2035 it will be ILLEGAL for anyone to buy a new gasoline car and register it in California or many other states, along with ALL of the EU.
So while Russians may have a few hiccups getting car production localized there (no air bags or anti-lock brakes for you, peasant), they’ll still be buying gasoline (really diesel) cars in 2035, while much, possibly all of the West will be buying ZERO cars that are anything like today’s vehicles in both reliability and functionality.
Like I’ve said before, if the Ukraine Cheerleaders would spend 10% as much time fighting their US and European governments as they obsess over Putin and Russia, they’d get FAR MORE done to improve their own lives, as well as those around them.