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VEHICLE PRODUCTION AND SALES: RESULTS OF 10 MONTHS

The marketing agency NAPI analyzed data on the new vehicle production and sales for 10 months of 2023. The car production increased by 8.6% on January-October last year, while the car market grew by 50.4%. New truck sales soared by 79.8%, but the truck production grew only 2.5%. The similar situation in the segments of cars and trucks is caused primarily by the rapid growth in import of Chinese vehicles. The production in the LCV and bus segments grew faster than sales.