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How UK-made cars are getting into Russia despite sanctions

After Russia invaded Ukraine in 2022, the imposition of sanctions on the country meant direct exports of British-made luxury vehicles fell to zero. However, Sky News analysis shows hundreds of millions of pounds worth of luxury cars are being sold to Russia through neighbouring countries. Notably, Azerbaijan on Russia's southern border, where Britain recorded an unprecedented increase in car exports. ....

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GM CEO Sees Pivot to Luxury as Antidote to China Profit Slump

General Motors Co. is mulling a shift from mainstream models in China by focusing primarily on luxury vehicles as it struggles to bounce back from years of declining sales and profits in the world’s largest car market. ....

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