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Despite the turmoil, Chinese OEMs find Russia an attractive investment

Sales of passenger cars and light commercial vehicles in Russia fell sharply by 22.9% year-on-year in July 2014 to 180,767 units, and by 9.9% in the first seven months of this year, down to 1,410,606 units. This continued decline has been attributed to various factors – the state of the Russian economy, and the impact … Continued

Sales of passenger cars and light commercial vehicles in Russia fell sharply by 22.9% year-on-year in July 2014 to 180,767 units, and by 9.9% in the first seven months of this year, down to 1,410,606 units. This continued decline has been attributed to various factors – the state of the Russian economy, and the impact of recent events on consumer confidence.

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