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

Woe From Wit (bilingual)

Woe From Wit (bilingual)

One of the most famous works of Russian literature, the four-act comedy in verse Woe from Wit skewers staid, nineteenth century Russian society, and it positively teems with “winged phrases” that are essential colloquialisms for students of Russian and Russian culture.
Maria's War: A Soldier's Autobiography

Maria's War: A Soldier's Autobiography

This astonishingly gripping autobiography by the founder of the Russian Women’s Death Battallion in World War I is an eye-opening documentary of life before, during and after the Bolshevik Revolution.
Driving Down Russia's Spine

Driving Down Russia's Spine

The story of the epic Spine of Russia trip, intertwining fascinating subject profiles with digressions into historical and cultural themes relevant to understanding modern Russia. 
Davai! The Russians and Their Vodka

Davai! The Russians and Their Vodka

In this comprehensive, quixotic and addictive book, Edwin Trommelen explores all facets of the Russian obsession with vodka. Peering chiefly through the lenses of history and literature, Trommelen offers up an appropriately complex, rich and bittersweet portrait, based on great respect for Russian culture.
Survival Russian

Survival Russian

Survival Russian is an intensely practical guide to conversational, colloquial and culture-rich Russian. It uses humor, current events and thematically-driven essays to deepen readers’ understanding of Russian language and culture. This enlarged Second Edition of Survival Russian includes over 90 essays and illuminates over 2000 invaluable Russian phrases and words.
Fearful Majesty

Fearful Majesty

This acclaimed biography of one of Russia’s most important and tyrannical rulers is not only a rich, readable biography, it is also surprisingly timely, revealing how many of the issues Russia faces today have their roots in Ivan’s reign.
The Samovar Murders

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.
Dostoyevsky Bilingual

Dostoyevsky Bilingual

Bilingual series of short, lesser known, but highly significant works that show the traditional view of Dostoyevsky as a dour, intense, philosophical writer to be unnecessarily one-sided. 
Okudzhava Bilingual

Okudzhava Bilingual

Poems, songs and autobiographical sketches by Bulat Okudzhava, the king of the Russian bards. 

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