Russia: Former President Embrace Chinese Cars After Western Brands Depart

Russia: Former President Embrace Chinese Cars After Western Brands Depart

Russia's former president Dmitry Medvedev said "I'll say bluntly: the car I drove was certainly no worse than a Mercedes"

Russians reluctantly embrace Chinese cars after Western brands depart

MOSCOW, March 24 (Reuters) – As the exodus of Western carmakers narrows options for Russian consumers, Chinese automakers are filling the gap, forcing Russians to overcome their reluctance to embrace Chinese brands and stomach higher prices. Chinese brands such as Haval (601633.SS), Chery and Geely (0175.HK) now account for almost 40% of Russia’s new car sales, data from […] More