Overview

• Industry and Trade Minister Anton Alikhanov said the ministry expects about 350,000 new cars to be sold in the fourth quarter.
• The full-year projection implies a roughly quarter-on-year decline from 2024 levels across new passenger-car segments.
• Demand-support tools remain in place, including subsidized auto loans and leasing programs administered by the ministry.
• Alikhanov noted that 2025 totals could still surpass the calmer growth year of 2023, depending on fourth-quarter performance.
• Major agencies RIA Novosti and TASS reported and corroborated the minister’s forecast and program details.