The expert estimated the chances of returning to the Russian Federation of the departed cars within a year
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- The expert estimated the chances of returning to the Russian Federation of the departed cars within a year
The return of global car brands to the Russian Federation in the future is unlikely. This was stated by the director of the analytical agency "Autostat" Sergey Tselikov.
"I believe that a return of global brands is unlikely in the coming year. Korean brands Hyundai and Kia are among the first to return. Hyundai has maintained its dealer network and continues to supply through the Solaris brand. This example, in my opinion, can develop into a partnership format between a large Western concern and a Russian company," Tselikov was quoted as saying by TASS on September 3.
The analyst pointed out that over the past three years, the Russian car market has undergone a radical transformation. Currently, four concerns occupy 80% of the market: AvtoVAZ, Chery and its sub-brands, Great Wall Motor and Geely.
Tselikov noted that the most likely way to develop the domestic car market is to produce cars using imported components under the Russian brand. By the end of 2025, the total share of the Chinese automotive industry in the market will be about 60-65%, he predicts.
Earlier that day, it was reported that the presentation of the new model of the Belarusian brand Belgee, which will become the third in the brand's line on the Russian market, will take place at the end of September. It is assumed that the novelty will be the renamed Geely Emgrand.
On the eve of the Tenet Rus company announced that the all-wheel drive seven-seat Tenet T8 crossover will be available in Russia in two trim levels at a price of 3.54 million and 3.79 million rubles, respectively, and the acceptance of orders for the model has started. Tenet cars are based on Chery models. The Tenet brand was created specifically for the Russian market.
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