June 26, 2022

Automotive Industry Out of Gear


Automotive Industry Out of Gear
Are there red and blue lights behind me?  Pexels, Pixabay. 

The Russian automotive industry is experiencing a major decrease in demand amid the invasion of Ukraine, prompting China to slow its car exports to Russia.

Russia was sanctioned by Western car and part manufacturers when the invasion began and has since been purchasing cars from China. Russia imported R10.3 billion ($190.7 million) worth of Chinese cars in March, R4.6 billion ($84.6 million) in April, and just R1.7 billion ($32 million) in May.  

The value of car parts imported from China has seen a similar downward slope.  In May, Russian companies purchased only R4.4 billion ($81.3 million) in automotive parts, a big drop from the R6.3 billion ($117.1 million) spent in February.

It is likely that the automotive slowdown is a result of economic shocks from the sanctions.

President Vladimir Putin has ordered that a plan of action for the flagging Russian auto industry be drafted by September 1, 2022.

You Might Also Like

Forbidden Fruit
  • June 27, 2022

Forbidden Fruit

Russian combatants occupying Melitopol, Ukraine, have fallen ill after eating poisoned cherries.
Of Grain and Ukraine
  • June 10, 2022

Of Grain and Ukraine

The chairman of the African Union has announced a trip to Kyiv to discuss the world food crisis caused by the invasion.
A Most Important Import
  • June 06, 2022

A Most Important Import

Saudi Arabia has agreed to increase oil production as demand for Russian oil takes a hit.
Like this post? Get a weekly email digest + member-only deals

Some of our Books

The Little Humpbacked Horse
November 03, 2014

The Little Humpbacked Horse

A beloved Russian classic about a resourceful Russian peasant, Vanya, and his miracle-working horse, who together undergo various trials, exploits and adventures at the whim of a laughable tsar, told in rich, narrative poetry.

The Samovar Murders
November 01, 2019

The Samovar Murders

The murder of a poet is always more than a murder. When a famous writer is brutally stabbed on the campus of Moscow’s Lumumba University, the son of a recently deposed African president confesses, and the case assumes political implications that no one wants any part of.

Faith & Humor
December 01, 2011

Faith & Humor

A book that dares to explore the humanity of priests and pilgrims, saints and sinners, Faith & Humor has been both a runaway bestseller in Russia and the focus of heated controversy – as often happens when a thoughtful writer takes on sacred cows. The stories, aphorisms, anecdotes, dialogues and adventures in this volume comprise an encyclopedia of modern Russian Orthodoxy, and thereby of Russian life.

Little Golden Calf
February 01, 2010

Little Golden Calf

Our edition of The Little Golden Calf, one of the greatest Russian satires ever, is the first new translation of this classic novel in nearly fifty years. It is also the first unabridged, uncensored English translation ever, and is 100% true to the original 1931 serial publication in the Russian journal 30 Dnei. Anne O. Fisher’s translation is copiously annotated, and includes an introduction by Alexandra Ilf, the daughter of one of the book’s two co-authors.

Russian Rules
November 16, 2011

Russian Rules

From the shores of the White Sea to Moscow and the Northern Caucasus, Russian Rules is a high-speed thriller based on actual events, terrifying possibilities, and some really stupid decisions.

93 Untranslatable Russian Words
December 01, 2008

93 Untranslatable Russian Words

Every language has concepts, ideas, words and idioms that are nearly impossible to translate into another language. This book looks at nearly 100 such Russian words and offers paths to their understanding and translation by way of examples from literature and everyday life. Difficult to translate words and concepts are introduced with dictionary definitions, then elucidated with citations from literature, speech and prose, helping the student of Russian comprehend the word/concept in context.

The Pet Hawk of the House of Abbas
October 01, 2013

The Pet Hawk of the House of Abbas

This exciting new trilogy by a Russian author – who has been compared to Orhan Pamuk and Umberto Eco – vividly recreates a lost world, yet its passions and characters are entirely relevant to the present day. Full of mystery, memorable characters, and non-stop adventure, The Pet Hawk of the House of Abbas is a must read for lovers of historical fiction and international thrillers.

 

About Us

Russian Life is a publication of a 30-year-young, award-winning publishing house that creates a bimonthly magazine, books, maps, and other products for Russophiles the world over.

Latest Posts

Our Contacts

Russian Life
73 Main Street, Suite 402
Montpelier VT 05602

802-223-4955