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Decline of the Russian Automotive Market in 2025: Forecasts and Consequences
... weak, and amid inflation, consumers are approaching large purchases more cautiously. A car is a significant expense, and people tend to postpone such expenditures.
Impact on the Russian Economy
1. Decreased Demand for Cars and Its Impact on GDP
The decline in car sales directly affects the Russian GDP. The automotive industry is one of the key sectors providing jobs, tax revenues, and investments in related industries. A sales volume reduction of 21-30% may lead to decreased production, layoffs, and a drop in ...
It became known about China's plans for the electrification of motor vehicles.
Tereshkin: The share of electric vehicles in passenger car sales in China will exceed 70% by 2027.
Chinese companies intend to accelerate the electrification of transportation to offset losses from declining sales in the U.S. According to forecasts, by 2027, the share of electric vehicles in passenger car sales in China may exceed 70%. This will lead to a decrease in gasoline demand in the country in 2026-2027. Moreover, China has significant reserves ...
High Recycling Fee Hinders Electric Vehicle Sales
... adoption. An analysis of how tax policy affects the electric vehicle market and what consumers can expect.
As of May 2025, a decline in electric vehicle sales in Russia has been recorded for the eleventh consecutive month. According to
data
from the agency "Autostat," ... ... sold last month — a 28% decrease compared to the same period last year. The share of electric vehicles in overall passenger car sales was merely 0.9%.
For comparison, according to the
International Energy Agency (IEA)
, the share of electric vehicles ...
Economic Events and Company Reports - July 30, 2025
On July 30, 2025, a pivotal date in the world of economics will be marked by the release of key reports from tech giants ... ... Altria traditionally exhibits stable profitability due to high pricing power despite declining cigarette sales volumes. Q2
financial results
are expected to be moderately positive: consensus... ... the volatility of APLD shares high.
Carvana (CVNA)
– an online dealership for used cars that has become a symbol of the “rollercoaster” on the stock market. After...
Economic Events and Corporate Reports - Friday, July 25, 2025: EU-China Summit, CBR Rate, Durable Goods Orders (USA)
... Equally important will be the release of corporate earnings reports in the United States, shedding light on order dynamics and corporate ... ... participants expecting further easing of policy in the context of declining inflation. Additionally, a number of notable corporate ... ... and recalibrate risks in global markets.
09:00 MSK – Retail Sales in the UK (June).
A key indicator of the British economy: ... ... as energy and labor).
Europe
Volkswagen AG
– Europe's largest car manufacturer (brands Volkswagen, Audi, Porsche, Škoda, etc....