Great Wall Motor, Geely and Chery are among the biggest winners as Russia looks to restart car production
China has comprehensively taken over the Russian car market after stepping in to replace European and global car makers following Russia’s invasion of Ukraine. Chinese companies such as Great Wall Motor, Geely and Chery are importing models to the country as well as co-operating with the Russian government to restart the country’s once-thriving car manufacturing industry.
Lada is still the market leader, with a share of 28% in June on sales of 34,200 thousand vehicles. However, Russia is sorely missing cars from the luxury end of the market and is now forced into sourcing so called parallel imports of their favourite BMWs, Range Rovers and Mercedes-Benzes, among others . These are imports not officially sanctioned by their makers, but allowed by Russia under the so-called Decree No.
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