Friday, October 25, 2024

Russia exploits loophole to import luxury cars

European car manufacturers are officially not allowed to have anything to do with Russia. But the cars still flow around the EU sanctions and in the country.

The car brands have been pulling out of Russia in a big way, handing over control of factories for a candy or losing control of them.

But after the invasion of Ukraine, most new car brands are not a thing of the past in Russia anyway. The cars still flow into the country.

This is done via parallel imports from Belarus. The Financial Times writes that.

READ ALSO: Tesla Cybertruck died after a trip to the car wash

Cars and other goods can be legally sent to Belarus, which – because the country has no sanctions against Russia – sends the cars on immediately.

According to the newspaper, a Rolls-Royce Cullinan Black Badge, which has a value of 3.06 million Danish kroner without tax, reached Russia just 9 months after it was completed at the factory in Westhampnett, England.

Likewise, 28 cars with Maybach emblems have reached Russia via the neighboring country. However, the EU will have closed that kind of import to Russia now.

At the same time as the import trick, which the richest Russians can make use of, the average Russian is quite tired of the fact that there is nothing but Chinese cars in the country by now.

In fact, 9 out of 10 new cars on the roads in Russia are either produced in China or built under license at factories in Russia. It is, among other things, the case of the revived Soviet brand. Read more about it here .

Read more exciting news from and about the world of cars right here!

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