China's Great Wall Motor takes a bigger slice of Russian market

Sales of Chinese SUV maker soar as Western and Japanese peers exit

20230831 Haval cars produced by Chinese automaker Great Wall Motors

Great Wall has the second-best sales in Russia behind Lada, the iconic Russian brand produced by Avtovaz. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- China's largest SUV maker Great Wall Motor is rapidly expanding its market position in Russia, which has become the company's major profit generator amid weak growth at home, while Western and Japanese automakers continue to leave Russia after the invasion of Ukraine.

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