Chinese car sales grow 88% in Russia April 28, 2012 - 16:58 AMT PanARMENIAN.Net - Sales of Chinese cars rose 88 percent year on year in the first quarter of 2012 to 14,916 vehicles, while the overall market grew 19 percent, AVTOSTAT analytical agency said on Saturday, April 28. The top-selling Chinese car brand in Russia was Lifan (4,545 cars), followed by Chery (3,402), with Geely in third place with 2,766 cars and Great Wall with 2,733. Chinese cars were most popular in the south of Russia and the North Caucasus regions, but made up only 1.5 percent of Moscow sales. "In the next few years, we can expect a rapid growth in sales of Chinese cars in Russia," said Avtostat director Sergei Tselikov. Their quality is good enough and rapidly rising, he said, and their low price was a considerable factor in their popularity especially in poorer regions. “The market share of Chinese cars in Russia could grow from 2-3 percent now to 10-12 percent by 2014-15,” he added, RIA Novosti reported. Partner news  Top stories Only three senators on the committee - Republican Ron Paul and Democrats Tom Udall and Chris Murphy - opposed the bill. If true, the exclusion of Rafsanjani and Mashaie would leave the presidential race dominated by hardline conservatives. Amy Elliott, chief administrative officer of the Oklahoma medical examiner's office, said 51 were confirmed dead. An Islamist insurgency, once confined largely to the republic of Chechnya, has spread across the North Caucasus in recent years.   Partner news |  Related sections Latest news Penguin reaches $75mln agreement in iBooks price fixing lawsuit  In a press release, Penguin's parent company, Pearson, noted it had made a $40 million provision for settlement in its 2012 accounts.Armenia loses to Switzerland at Hungary-hosted football tournament Armenia’s U 17 football team lost to Switzerland 1:6 at Hungary tournament, with Armenia’s only goal scored by Davit Terteryan.Armenian government files lawsuit against Armavia Finance Minister linked the step with the collection of air taxes. He further noted that lawsuits were filed by other lenders, too.Minister says Covered Market facade will remain unchanged Urban Development Minister Tadevosyan said underground construction works were to be carried out in the market. |
