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.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Related sections Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
