Despite the continued downturn in the Russian car market, Chinese car sales have grown strongly
#ChinaAuto #NewEnergy #ElectricVehicles
With the stalemate in Russia and Ukraine, the current economic situation in Russia is not going well, which is also directly reflected in their car sales. According to data, in July 2022, sales of passenger cars and light commercial vehicles in Russia fell by an astonishing 74.9% year-on-year, a decrease of 94,819 compared with July last year. From January to July this year, Russian car sales were only 368,900, a year-on-year decrease of 69.5%.
However, in the context of the overall decline in sales, there is a force that is growing inconceivably. Chinese car sales in Russia grew strongly in July, accounting for a 24.3% share. In fact, in recent months, Chinese automakers have begun to aggressively seize the Russian market. In April, the proportion of Chinese cars was only 12.6%, rose to 16.9% in May, and reached 21% in June. So, why only Chinese car sales in Russia have increased? Which Chinese car brand does Russia like the most? At this time, sales in Russia have increased significantly. Is it a good thing for Chinese cars?
OK, let’s get started!
source
Comments are closed.