Source link : https://london-news.net/foreign-automakers-cut-back-on-model-introductions-in-russia-amid-market-decline/
The introduction of new foreign car models in Russia saw a dramatic decrease in 2025, indicating a significant drop in consumer interest and a wider decline in the nation’s automotive market, as reported by the analytical firm Avtostat.
In the first half of this year, only around 20 new foreign models were introduced, a stark contrast to over 100 introduced in the same timeframe in 2024, noted Sergei Tselikov, head of Avtostat, in an interview with the pro-Kremlin newspaper Izvestia.
“Over the past two years, the market experienced a notable surge in new model releases,” Tselikov explained. “Automakers were motivated to launch new vehicles due to strong sales. However, as demand has decreased, so too has the number of new model introductions.”
He further mentioned that due to declining sales figures, several automakers have decided to postpone or entirely cancel planned launches.
“Some companies have opted to pull specific model launches from the Russian market, while others are simply delaying them,” he said.
The handful of new models that debuted this year have had mixed results. The Chinese automaker Chery launched its Tiggo 7L crossover in April, achieving sales of 2,691 units by the end of June—a performance Tselikov deemed “remarkable in a contracting market.” Meanwhile, Haval’s mid-size H7 crossover, also from China, managed to sell 1,216 units between March and June.
Other brands experienced more difficulty. South Korea’s KGM, which entered…
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Publish date : 2025-07-05 16:32:00
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