Explore more publications!

Chinese car brands sharply reduce showroom network in Russia

(MENAFN) Chinese automobile brands have significantly reduced their presence in Russia, closing or rebranding hundreds of showrooms after years of rapid expansion, according to Kommersant.

In 2025, around 643 outlets selling Chinese passenger and light commercial vehicles were shut, 1.4 times more than in 2024. Meanwhile, only 459 new dealerships opened, a third of the previous year’s figure. This brought the total number of Chinese-brand showrooms down by 7% to roughly 2,600, with their share of all Russian car showrooms dropping from 67% to 64%.

Aleksandr Kornev of Gazprombank Autoleasing said about one in four outlets either closed or switched to other brands, with over 100 dealers moving to local Russian brands using domestically assembled Chinese models. The Russian Auto Dealers Association described the closures as a market correction after overly rapid growth in previous years, when many brands had opened showrooms without fully assessing demand and business economics.

Low sales, high costs for loans, rent, logistics, and staffing have hindered expansion plans. Only three Chinese brands—Haval City, Chery, and Geely—operating as monobrand dealerships were profitable enough per outlet to remain sustainable. Experts expect the pace of closures to slow, but anticipate continued rebranding of Chinese showrooms under Russian names.

MENAFN22012026000045017281ID1110635160


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions