"We should reach the level of car production of at least 800,000. Last year, it was a bit over 600,000 cars," Manturov told Russian media.
The minister also noted that the number of car sales in Russia would also likely to increase by around 25% from 800,000 in 2022 to 1 million this year.
"We believe that there will be 800,000 cars produced [in Russia] and considering the market growth and its recovery due to mechanisms of parallel imports, it [the number of car sales] will amount to some 1 million," Manturov stated.
The minister added that the situation in the Russian car market would be more clear than in 2022, with most of foreign carmakers expected to finally decide whether they leave or stay in Russia.