Moscow has suggested a restoration of ties holds opportunities for American businesses, but many would hesitate to return.

Despite Western bans on exports to Russia, vehicles costing hundreds of thousands of dollars are still readily available to ...

Chinese automakers such as Chery and Geely sold more than a million cars in Russia last year, prompting Moscow to increase ...

In the years that followed, photos of Sendeoli would become part of a pro-Russian propaganda campaign – one that used his ...

Those that do take the plunge will find markets now dominated by domestic - or in the case of cars ... but as many companies refused to do business with Russia, Moscow legalised grey imports ...

Sokolov says that Renault had been investing roughly 20-22 billion rubles (~$226-249 million) into AvtoVAZ annually before it left. He believes it’s only right for the French brand to reimburse NAMI ...

Swedish auto supplier Autoliv has sold its Russian business to local automotive group Avtodom, which has already snapped up German carmaker Mercedes-Benz's former plant in the country, Russian ...

MOSCOW, Feb 26 (Reuters) - Russian banker Igor Kim has acquired ... with 55% now held by ExpoMobility, a car leasing company he controls. Financial terms were not disclosed and a representative ...

Notably, the company released a new line of Bestune Pony cars fully powered by artificial ... (122 km battery and 170 km battery) in the Russian market, with plans to expand to other markets ...

Since then, 472 foreign companies have left the Russian market ... The French carmaker sold its controlling stake in Russian car producer Avtovaz for Rbs2 in 2022, amounting to a €2.2bn writedown.

China is selling plenty of cars in Russia — and Moscow isn ... boosted substantially by the withdrawal of Western companies following Russia's invasion of Ukraine in 2022, has sparked concern ...