Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
(Reuters) - Sales of new passenger cars in Russia increased by 47% year on year to 1.55 million units in 2024, Russian news agencies reported on Saturday, citing industry and trade ministry data.
New sales in 2025 are seen dropping by around 10% to 1.43 million units, Sergei Tselikov, head of Russian analytical agency Autostat, said in December, as high inflation and scrappage fees push prices up.
Moscow's invasion of Ukraine in February 2022 drastically reshaped Russia's car market, with Western carmakers abandoning the country and Chinese ones swooping in to plug the production gap. Sales slumped in 2022 but have been steadily recovering.
(Reporting by Alexander Marrow; Editing by Toby Chopra)
