China will dominate Russia’s car market
Western sanctions have caused a profound transformation in the Russian car market
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In this article
- Pre-invasion successes...
- ... to post-invasion realities
- Challenges of Chinese dominance
- Rapid market capture through exports
- Minimal investment in local assets
- Sensitivity to sanctions risks
- Outlook
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This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.