Japan to Expand Russia Car Export Ban in Line with G7 Peers
Japan has decided to expand a ban on vehicle exports to Russia from August 9 to encompass used cars, in …
Japan to Expand Russia Car Export Ban in Line with G7 Peers Read MoreTag: Russia
Russia is Now China’s #1 Export Destination
With a strong export momentum since the beginning of the year, Chinese-made cars continue to gain a wider and firmer …
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Russia’s Car Market Could Fully Recover by 2030
Russia’s car market will fully recover to pre-pandemic levels by 2030, according to Deputy Prime Minister and Industry and Trade Minister Denis Manturov
Russia’s Car Market Could Fully Recover by 2030 Read More
Volkswagen Officially Exits Russia, Sells its Factory to a Local Dealer
Volkswagen has officially exited from Russia selling all the shares of its subsidiaries as well as its large factory in Kaluga, southwest of Moscow
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Geely Defends Chinese Car Brand’s Sales Push in Russia
The Chief Executive of the Chinese auto manufacturer Geely, Daniel Li, has justified the company’s choice to boost car sales in Russia after international competitors withdrew due to Russia’s invasion of Ukraine.
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Hyundai to Soon Sell Russian Factories as it Prepares to Exit
Hyundai is thought to be moving closer to selling its factories in Russia and officially leaving the nation in response to Russia’s invasion of Ukraine and ongoing conflict.
Hyundai to Soon Sell Russian Factories as it Prepares to Exit Read More
Lada X-Cross 5 Debuts in Russia as a Rebadged FAW Bestune T77
The new Lada X-Cross 5 is a rebadged FAW Bestune T77 SUV that has just been given a new name for the Russian market.
Lada X-Cross 5 Debuts in Russia as a Rebadged FAW Bestune T77 Read More
Chinese Automakers Outsell Russia’s Lada in Q1 of 2023
In the first quarter of 2023, Russians bought more Chinese automobiles than Ladas, the country’s most popular locally produced car. This demonstrates Beijing’s expanding influence in Russia’s economy as Western automakers flee the country.
Chinese Automakers Outsell Russia’s Lada in Q1 of 2023 Read More
Russian State Acquires St. Petersburg Plant from Toyota of Japan
Russia and Toyota announced on Friday that the Japanese automaker’s St Petersburg plant had been handed over to state entity NAMI. Moscow is acquiring more assets from global automakers abandoning Russia due to the Ukraine conflict.
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Chinese Brands Account for Nearly 40% of New Car Sales in Russia
Chinese manufacturers now make up more than 38% of new car sales in Russia, according to a recent report by Autostat Analytic Agency. The share was just around 9.6% in January 2022 before the Russian invasion of Ukraine began.
Chinese Brands Account for Nearly 40% of New Car Sales in Russia Read More