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Steady1 stories1 sourcesLast updated: 6/3/2026

Related Topicsautomobile market Avtovaz Maxim Sokolov St. Petersburg International Economic Forum SPIEF Russia

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Avtovaz CEO: Russian auto market to remain at 2025 levels in 2026

6/3/2026AI summary

Avtovaz CEO: Russian auto market to remain at 2025 levels in 2026

Avtovaz CEO Maxim Sokolov forecasts the Russian automobile market to remain at 2025 levels, around 1.4 million units, by the end of 2026. Despite a conservative outlook, the company is operating successfully and has achieved a small profit by the end of May.