Putin calls for price controls as Russian car sales crash to record low

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Putin calls for price controls as Russian car sales crash to record low

Reuters

Hyundai cars are seen at a customs terminal on the outskirts of Saint Petersburg
Employees work at the assembly line of the LADA Izhevsk automobile plant in Izhevsk
Employees work at the assembly line of the LADA Izhevsk automobile plant in Izhevsk

[1/4] Hyundai cars are seen at a customs terminal on the outskirts of Saint Petersburg, Russia June 1, 2022. REUTERS/Anton Vaganov1234

MOSCOW, Nov 16 (Reuters) – President Vladimir Putin urged the Russian government on Wednesday to control car prices, as one industry head said Western sanctions could send annual sales crashing to below 1 million for the first time since records began.

Reporting by Caleb Davis and Gleb Stolyarov; Editing by Kevin Liffey

A surfer takes some air off a wave while surfing after sunset in Cardiff, California, U.S., January 7, 2020. REUTERS/Mike Blake TPX IMAGES OF THE DAY

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