Russia’s economy is spiraling. The state of its car industry shows just how badly it’s deteriorated.

• Car sales in Russia are hovering near a quarter of what they were before the war in Ukraine. 
• Soaring prices, deteriorating consumer sentiment, and lack of supply has crushed Russia’s auto market, per Yale data.
• In the months after the invasion, purchases of foreign-made cars in Russia neared a standstill.

Russia’s economy isn’t doing as well as Moscow’s official data suggests. One peek under the hood tells you all you need to know. 

Russia’s car industry — one of the country’s most important sectors — has seen a total collapse, according to Yale School of Management data shared with Insider. Plummeting car sales and a dramatic swing in the type of cars locals now purchase point to broader economic woes and a downward spiral with no end in sight.