Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Russian made cars now hold lion’s share of domestic market

byCT Report
12/03/2018
in Latest News
Share on FacebookShare on Twitter

You might also like

FTO makes online hearings default for tax complaints

22/07/2026

Pakistan Customs orders KICT to clear container backlog within a week

22/07/2026
MOSCOW: Russians are buying a record number of domestically-made cars, according to a recent study by PwC. Sales have grown for the first time since the economic crisis.

The share has grown to a record 83 percent from the 65 percent seen in 2012, the audit firm reports. In total, 1.475 million cars were sold last year in Russia. Of these, 255,000 were imported, which is 7 percent lower than in 2016.

Brands such as Kia, Hyundai and Renault are rarely imported to Russia because they have manufacturing plants in the country. All passenger models of Hyundai are locally produced, only the H-1 minibus is imported.

All Russian sales hits of Renault are produced in the country – the Kaptur, Duster, Logan, Sandero and Sandero Stepway models, the representative of the French company said. Kia also produces all its cars locally with the exception of the Picanto model, the company’s website says.

While in the past Russians were skeptical about locally-made foreign cars, the times are changing. Locally-produced cars are cheaper, and have the same quality as imported ones, the director of a Moscow-based car dealer.

Related Stories

FTO makes online hearings default for tax complaints

byCT Report
22/07/2026

LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...

Pakistan Customs orders KICT to clear container backlog within a week

byCT Report
22/07/2026

Pakistan Customs has ordered officials to clear the backlog of import and export containers at the Karachi International Container Terminal...

Pakistan’s cotton output falls to less than half of peak level: OICCI report

byCT Report
22/07/2026

KARACHI: Pakistan's cotton production has dropped to less than half of its historic peak, causing the country an estimated annual...

Pakistan, Iran discuss trade, economic cooperation and connectivity

byCT Report
22/07/2026

ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...

Next Post

South Korea posts 6th fastest export growth

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.