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Volvo Cars Sold in Russia Despite Sanctions, Report Finds

Economy & businessEconomy
Key Points
  • Volvo's flagship models are being sold openly in Moscow despite international sanctions.
  • A Swedish media investigation traced Swedish-produced Volvo cars to Russian showrooms using trade data.
  • How the cars bypass sanctions and who sells them remains unclear.

According to SVT Väst, Volvo cars produced in Sweden are offered for sale in Russia's capital. The newspaper's review shows that these vehicles are accessible in the heavily sanctioned market. By analyzing data in Volza, a database for international trade, the reporter was able to follow Volvo cars from Swedish production to Moscow showrooms.

It remains unclear how the cars are being sold in Russia despite the sanctions, or who is responsible for these sales. The volume of Volvo cars being sold in Russia has not been disclosed. What actions Volvo is taking to prevent sales in Russia is also unknown.

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SVT Väst
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Volvo Cars Sold in Russia Despite Sanctions, Report Finds | Reed News