According to the European Business Association, although the auto market in Russia remained weak in May, Chinese auto sales have grown strongly this month in the Russian market with little overall sales.
Zhejiang Geely Holding Group is Russia’s largest-selling Chinese auto company. Last month, it sold 2414 vehicles, an increase of 120% year-on-year. Chongqing Lifan Industrial Group sold 2,353 vehicles in Russia, a year-on-year increase of 66%. Great Wall Motor Company ranked third in sales, with 1,829 units, an increase of 74% year-on-year. Chery ranked 4th, 1678 cars, an increase of 4%.
Compared to the increase in sales of Chinese brands, total light vehicle sales in Russia in May decreased by 12% year-on-year to only 229,670 units.
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