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who do you want to joke?Russian car market dominated by Chinese brands including Li Auto
Chery is one of 9 Chinese brands dominating Russian market
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March sales figures from Russia show that Chinese brands now dominate the market holding nine out of the top ten best-selling brand positions with only homegrown champion Lada outselling them. Even more surprising is that one of those brands is Li Auto, which up until now was widely believed not to export cars.
Russia last year was China’s largest car export market with sales of 841,000 from January to November 2023. According to figures from China Automotive Digital Research Institute this wave shows no sign of abating.
Although sales of Lada far exceeded sales of any Chinese brand, and were up by 64.5% in March and by 43.2% YOY for the first three months, the increases from some Chinese brands were much higher.
Great Wall’s Haval brand along with Geely, and Chery all achieved quite close results with sales of 16,045, 15,004 and 13,159 respectively in March.
Haval Xiaolong Max PHEV on display at the 2023 Shanghai Auto Show.
Both Geely and Chery in fact did even better as they appeared on the top ten list more than once. In the case of Geely they also gained the number 9 position thanks to Geely Belgee which is a joint venture mainly controlled by Belarusian state automaker BelAZ (51.5%) and Geely (33.5%) with the remainder held by other Chinese entities. It should be noted though that these cars are actually made in Belarus rather than China.
Chery on the other hand also had entries from the Exceed brand at number 6, Omoda at number 7 and Jetour at number 10. Omoda is an export only brand for various Chery cars first debuting with a renamed version of the Chery Omoda 5 and initially used as a brand in Russia and Kazakhstan.
Chery Exeed Lanyue (VX) range extended EV (PHEV) on display at the 2023 Shanghai Auto Show.
The biggest news however on the list is Li Auto a brand which is generally thought of as operating only in China. Li sold 3,617 cars in Russia during March which was a 14971% increase YOY and the brand sold 8.049 in the first quarter up by 19532%.
The full results can be seen in the table below. These indicate that Russia will likely remain China’s key export market and that sales in Russia should be well up on last year and likely will amount to well over a million cars in 2024.
Position Brand March sales Increase YOY Q1 sales Increase YOY 1 Lada 39,908 64.5% 90,870 43.2% 2 Haval 16,045 134.0% 37,639 135.!% 3 Geely 15,004 185.4% 36,264 202.7% 4 Chery 13,159 63.7% 31,893 56.4% 5 Changan 9,330 805.8% 20,216 1023.7% 6 Exeed 4,664 38.4% 10,843 49.1% 7 Omoda 4,632 93.9% 10,423 92.8% 8 Li Auto 3,617 14971% 8,049 19532% 9 Geely Belgee 2,732 – 4,260 – 10 Jetour 2,616 – 5,081 –
Top 10 brands by sales in Russia March 2024
Source: Fast Technology
No options simply like that no Japanese brands not European brands and no Americans brands only Russian brands.
Chinese cars are not cheap, since quality costs, any country to make a good car needs lots of money.
Chinese cars usually have low quality to become cheap, it is well known, and are dumped, do you think they are cheap because what?
Answer low salaries, reduced safety standards, dumping, and subsidies.
To stop is easy tariffs, and the consumer will not lose simply because people need to buy local and made at home, and brands have to be plentiful but salaries have to be good. Exported cars do not benefit Russia.
The americans know it and the Europeans Know it, so relax, China can produce world class cars but they will be expensive, and if Chinese consumers can buy them, better salaries are needed, subsidies can only help for a while, but most countries with some car industry will ask higher tariffs,
Chinese cars made in other countries will face the same troubles they will need local providers so they will need to share the cake or their products will become expensive.
Sale of Chinese cars affects Puebla's industry
In 2023, a total of 22,494 new cars will be purchased in Puebla, of which 10.2 percent are Chinese.
Javier Zambrano / El Sol de Puebla
The growth in demand for Chinese automobiles has affected the productivity of the manufacturing sector in the state of Puebla, specifically the automotive sector, reported the National Chamber of the Manufacturing Industry (Canacintra).
Venta de autos chinos afecta a la industria de Puebla
En el 2023 se compró un total de 22 mil 494 automóviles nuevos en el territorio poblano, de los cuales el 10.2 por ciento son chinos
www.elsoldepuebla.com.mx
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