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According to the Russian satellite news agency, the head of Russian authorities told local media: many foreign carmakers have left production lines in Russia and suggested that some of their production capacity be sold to Chinese brand car companies. let these companies expand their production capacity in Russia. The head of Autostat Press, a Russian auto market analyst, also believes that Chinese companies may be interested in withdrawing from Western and Japanese branded car factories in Russia.

At the same time, the head of the relevant department proposed to provide a preferential loan system for cars sold in the Russian market and reduce the traffic tax for two years when buying new cars. Relevant sources said that in this way, more local consumers will be attracted to buy locally made cars, which will also contribute to the development of the Russian automobile industry.

Since the Russia-Ukraine incident, many carmakers have completely abandoned their daily sales in Russia. On may 16th, Renault announced its withdrawal from Russia, agreeing to sell its entire stake in Renault Russia to the Moscow municipal government and its 67.69% stake in AvtoVAZ to NAMI, a Russian government-backed automotive research and development center.

On Sept. 23, Toyota withdrew from Russia, and Toyota Motor Co., Ltd. and Toyota Europe have decided to permanently terminate their car manufacturing operations at their plant in St. Petersburg, Russia, a move that means Toyota will stop production in Russia.

On Oct. 12, Nissan announced that it would withdraw from Russia, and all its local operations of its Russian company would be sold to the Russian Institute of Automotive and Automotive engine Science, a move that would cost the company 100 billion yen. Nissan said all shares in its Russian subsidiary would be resold to the Moscow-based Central Research and Development Automotive engine Research Institute (NAMI) for future passenger car projects. In addition, including Mercedes-Benz, Mazda, Ford and other car companies have announced the sale of their factories.

As more and more car brands withdraw from Russia, the industry, the mainstay of the economy, faces emptiness and has no choice but to announce the revival of bankrupt Muscovite cars. It is understood that the Moskvich brand was the pride of the Russian capital between 1946 and 2001, and its name was translated as "Moscow" or "Muscovites", but the popularity of cars gradually faded after the collapse of communism and the Soviet Union. The manufacturer subsequently declared bankruptcy in 2006. On November 23rd, a Russian factory near Moscow abandoned by French carmaker Renault resumed production of Soviet-era Moskvich cars. The Moskvich model will be designed in a new Chinese modern design, completely different from the Soviet-era design, actually directly through the replacement of the Peugeot Sihao X4.

At the same time, Russian interest in Chinese cars is growing steadily. According to the Russian Federal Customs Office, Chinese car exports to Russia in the first 11 months of 2022 were 106000, an increase of 50 per cent over the same period last year. The latest figures show that 63% of all new cars imported into the Russian car market in the first 11 months of 2022 came from China. At present, there are 10 Chinese car brands in the Russian market, including Chery, Geely, Great Wall, FAW, Dongfeng and so on. In terms of sales in November, without exception, almost all brands showed a decline, but in terms of monthly sales, Chinese brands are indeed the "savior" of the Russian market. According to Russian media reports, except for Chinese brands, only the local Russian company LADA has achieved sales growth.

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