Money Street News
  • Please enable News ticker from the theme option Panel to display Post



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. In turn, Azerbaijan reported an unprecedented increase in car exports to Russia.

Niall Paterson is joined by our economics and data editor Ed Conway on the Sky News Daily, to explain why luxury vehicles are still finding their way into Russia, and what can be done about it.

Click to subscribe to the Sky News Daily wherever you get your podcasts

Producer: Alex Edden
Assistant producer: Iona Brunker
Editor: Philly Beaumont



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


No, thank you. I do not want.
100% secure your website.