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130,000 Western cars flood Russia through China, exposing sanctions loophole in global auto trade

Tens of thousands of Western cars are finding their way into Russia through China, despite sanctions and automakers’ promises to stop sales after Russia’s invasion of Ukraine in 2022. This growing ...
Fast Lane Only on MSN

Hyundai Motor walks away from buyback option on Russian auto plant

Hyundai Motor has quietly closed the door on a rare chance to reclaim its former Russian manufacturing base, letting a ...

Foreign cars flow to Russia through China, skirting Ukraine war sanctions

Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often circumvent Western and Asian government sanctions and automakers' commitments to exit the Russian ...
U.S. News & World Report

Hyundai Not in a Position to Buy Back Russian Auto Factory, Source Says

SEOUL/MOSCOW, Dec 29 (Reuters) - South Korean automaker Hyundai ‌is not in a position to repurchase its former manufacturing ‌plant in Russia due to the continuing war in Ukraine, a source familiar ...