Business / Auto Global

BYD will likely pull out of Russian market

By Yang Cheng (chinadaily.com.cn) Updated: 2015-07-01 09:57

BYD has halted its exports to the Russian market, signaling the likelihood that it will withdraw from the market for a second time.

In August, BYD rejoined the Russian market to promote its S6 sport utility model. But the company didn't sell a single unit of the model, blaming the lack of sales to the Ukraine crisis and the depreciation of the Russian currency.

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