The pace of growth of sales of Chinese cars in Russia has begun to slow. If in August the share of the Chinese automotive industry in the Russian market was 56%, in September it decreased to 53%. The reason was the restoration of Russian automobile production.
Sales of Chinese-made cars in Russia have begun to slow, Reuters reported, citing Autostat data.
In August, the share of the Chinese automotive industry in the Russian market reached a high of 56%; in September it fell to 53%. When compiling statistics, Chinese cars brought to Russia were taken into account, as well as those produced in the Russian Federation.
The volume of Chinese car exports to Russia in the period from January to October 2023 reached $9.4 billion, Russia has become the largest buyer of cars from China.
15 car brands from China are represented on the Russian market.
Author:
Kirill Bilyk
Source: RB
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