Most Western manufacturers left the Russian market because of military aggression against Ukraine. Now demand is only Chinese and domestic cars. Strike at Yale University, Stephen Tian said that the Russian economy has weakened very much because of numerous sanctions. He noted that before the invasion of Ukraine, the Russians bought about 100,000 cars a month, and now this figure has decreased to 25,000 cars. "The Russians just buy fewer cars.
It speaks of consumer weakness in Russia," Stephen Tian said. The expert stressed that the Russians rarely bought domestic cars by 2022. Now Lada models are in demand. Also, Russians often choose Chinese cars that have filled the market. For example, sales of Geely models in the Russian market have increased by 88% compared to last year. Stephen Tian added that the Russians have a few more problems that include rising prices and a shortage of components for cars.
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