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You don’t have to be an experienced market analyst to understand that Chinese brands are quickly dominating the domestic car market. Nevertheless, the AvtoVzglyad portal publishes the first
“Given the “domestic” capacity of the Chinese car industry of more than 20 million cars, there is reason to believe that with the slow development of the domestic car industry, the Russian car market will become 70% “Chinese” in terms of sales in the coming years,” said the association “Russian Automobile dealers (ROAD).
According to ROAD data, the majority of sales are currently provided by Russian brands. In particular, in January-October 2022, they sold 192,000 cars. At the same time, the Russians bought 86,200 “Chinese”. For example, the ratio of Russian and Chinese cars on the market is now 69% and 31%, respectively. ROAD points out that the risk of Chinese car industry dominance in Russia is compounded by the fact that European and Asian car brands that have left us may never return, reports RIA Novosti.
Recall that for 11 months of 2022, according to the AEB, a total of 548,877 passenger cars were sold in Russia. And for the same period of the year 2021 – 1,403,040 cars. So the drop was almost 61%.
“Given the “domestic” capacity of the Chinese car industry of more than 20 million cars, there is reason to believe that with the slow development of the domestic car industry, the Russian car market will become 70% “Chinese” in terms of sales in the coming years,” said the association “Russian Automobile dealers (ROAD).
According to ROAD data, the majority of sales are currently provided by Russian brands. In particular, in January-October 2022, they sold 192,000 cars. At the same time, the Russians bought 86,200 “Chinese”. For example, the ratio of Russian and Chinese cars on the market is now 69% and 31%, respectively. ROAD points out that the risk of Chinese car industry dominance in Russia is compounded by the fact that European and Asian car brands that have left us may never return, reports RIA Novosti.
Recall that for 11 months of 2022, according to the AEB, a total of 548,877 passenger cars were sold in Russia. And for the same period of the year 2021 – 1,403,040 cars. So the drop was almost 61%.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
