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Economy

BYD will likely pull out of Russian market

1
2015-07-01 11:05chinadaily.com.cn Editor: Si Huan

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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