SCO & BRICS latest news and insights
Despite the decline around the world in the demand for premium German cars, sales in Russia via alternative channels have grown noticeably in Russia, with interest in expensive brands from the US and Japan also increasing. This is despite the manufacturers withdrawing their official dealerships a...
According to a Russian Chamber of Commerce and Industry report new car brands, including those from Iran and India, may soon enter the Russian market. African producers have also expressed interest, but China remains the dominant player. This article questions whether these new brands can compete wi...
By Rhod Mackenzie
According to the Russian Federal State Statistics Service (Rosstat), the production of passenger cars in Russia in August 2023 doubled compared to August 2022. The figure was 49.6 thousand units. At the same time, in comparison with July 2023, car production increased by 20.7%. A...
