They go, just not as fast. There are many signs of China’s automotive expansion, but it is taking place cautiously, in reconnaissance by force. We will see the results of this work in the next 2-3 years.
So, for example, according to the Avtostat agency, the total number of car dealers in Russia decreased by 101 by mid-July 2022: from 3.2 to 3.1 thousand. At the same time, 160 dealer contracts were terminated, 59 new ones were concluded. And among these 59, it is Chinese brands that dominate: Exeed dealerships were received by 13 companies, FAW – 9, Chery – 7, Geely – 5, Haval and JAC – two each. The Exeed brand (a division of Chery) does not stop there and looking for partners in 20 more cities of Russiaincluding Yekaterinburg, Kazan and Tyumen.