Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often circumvent Western and Asian government sanctions and automakers' commitments to exit the Russian market, according to registration data reviewed by Reuters and interviews with five people involved in the trade.
Breakdown
- Foreign cars, including Toyotas and German models, exported to Russia via China
- Many cars are reclassified as 'zero-mileage used' to bypass restrictions 23s
- Car imports to Russia are currently very high, both new and used 57s
- Reports show significant growth in used car imports to Russia 1m 11s
- Automakers say stopping unauthorized exports is complex and ongoing 1m 28s