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President Putin urges domestic vehicle use : Russian automobile industry hit by sanctions

President Putin urges domestic vehicle use : Russian automobile industry hit by sanctions

Due to the Russo-Ukrainian War, Russia has been subjected to numerous sanctions in several sectors.

The sanctions have additionally impacted the Russian vehicle trade.

As a results of the battle in Ukraine, the trade in query confronted Western sanctions, resulting in over a 50% discount in spending on new automobiles final yr.

Responding to the state of affairs, Russian President Vladimir Putin pressed a button, first rejecting the demand for overseas automobile purchases after which urging bureaucrats to make use of domestically produced automobiles.

President Vladimir Putin of Russia evaluated the nation’s financial state of affairs by assembly with high executives from varied corporations in Moscow, the capital metropolis.

Putin emphasised that Russia doesn’t plan to utterly halt imports from overseas, stating, “Of course, there is a need for imports as well. But certain essential things, those that we consume ourselves, should be directed to domestic producers.”

He addressed bureaucrats: “Use domestic cars.”

Russian President Putin makes use of the domestically produced Aurus Senat limousine as his official automobile.

Source: www.anews.com.tr