The Chinese automobile brand Haval has become the leader among foreign automakers in Russia for the first time.
Russian Haval dealers sold 25,255 vehicles in January-October, down 9.6% from the same period a year earlier, according to ixbt.com.
For reference, Haval is a division of Great Wall Motors established as an independent brand in 2013 that manufactures crossovers and SUVs.
“The restructuring of the Russian economy is challenging; it is not going to be easy or fast. One of the trends is familiar brands being replaced with new ones. European and American brands are being substituted by Chinese and Turkish ones,” explains economist Sergei Khestanov, Associate Professor at RANEPA.