Chinese car brands taking over Russian market – Autodom ...News

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Chinese car brands taking over Russian market – Autodom
The exit of Western and Japanese companies has provided an opportunity to rising industry players Chinese auto makers have embarked on a major expansion in the Russian market and are expected to reach a 60% share of total sales this year, the newspaper Izvestia reported on Monday, citing car-dealer chain Autodom. According to the report, in the first half of 2022 the share of Chinese car brands in the Russian market stood at 3.7%, a figure that rose to almost 33% in the second half. Overall car sales in Russia last year decreased by 58.8% to 687,000 units, the Association of European Businesses (AEB) calculated. C

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