Sales of Chinese premium cars in Russia have grown five and a half times since the beginning of the year. Exeed became the most popular brand: it accounted for 73% of the market. In total, the Chinese premium segment contributed 5.6% of the Russian new car market.

Sales of Chinese premium cars in Russia have increased fivefold since the beginning of the year

Since the beginning of 2023, sales of premium cars from Chinese brands have increased 5.5-fold in Russia. This is reported by “Autostat”. In parts, the number of cars sold was 28 thousand.

Exeed became the leader in sales among brands, occupying 73% of the market (20.1 thousand cars sold). Second place is occupied by Tank with a share of 14% and 3.8 thousand copies.

According to the results of seven months of 2023, Chinese premium cars occupied 5.6% of the new car market in Russia. Western brands including Mercedes-Benz, BMW, Lexus accounted for 3.6% of new car sales.

Author:

Kirill Bilyk

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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