[1/2] Workers walk past new Chinese cars unloaded from a ship at a commercial port in Vladivostok, Russia August 25, 2023.
REUTERS/Tatiana Meel Acquire Licensing RightsOct 4 (Reuters) - Car sales in Russia jumped by 148.6% year-on-year in September, continuing to rebound from a huge slump in 2022, analytical agency Autostat said on Wednesday, with Chinese brands expanding their market share.
Chinese firms are also increasing their sales in Russia with vehicle assembly at factories vacated by the likes of Renault and Nissan, Reuters has found.
Avtovaz raised its forecast for passenger car and light commercial vehicle sales in the Russian market in 2023 to 1 million last week, from its previous estimate of 875,000.
Reporting by Gleb Stolyarov and Alexander Marrow Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons:
Tatiana Meel, Autostat, PPK, carmaker, Avtovaz, Gleb Stolyarov, Alexander Marrow, Mark Potter
Organizations:
Workers, REUTERS, Lada, Chery, Geely, HK, Renault, Nissan, Reuters, Thomson
Locations:
Vladivostok, Russia, Ukraine, Western