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1 year ago

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Russians switch to used cars as sanctions pummel auto sector

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Russians switch to used cars as sanctions pummel auto sector

Spending on new cars in Russia more than halved last year as the auto industry felt the full force of Western sanctions over the conflict in Ukraine, with production plunging, prices soaring and buyers switching to cheaper used models.

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Russians switch to used cars as sanctions pummel auto sector

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Russians switch to used cars as sanctions pummel auto sector

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