Chinese carmakers have been gaining market share at a low level since the West imposed sanctions on Russia. They now have a market share of almost one-third, according to a Reuters report. Although sales of new cars in Russia recently slumped by almost two-thirds. Sales of vehicles made in China, on the other hand, roughly doubled to a good 16,000 units in November, according to data from Russian analyst firm Autostat.
Continue reading now
… and get free access to this Professional Briefing for a month.
Are you already a guest at the China.Table? Log in now