Russia imported 33,300 new cars in March 2026, up 59% from February and 40% year-over-year. Geely leads new car imports, while Toyota dominates used cars. China's share declined to 60%.
Edmunds tested Geely Galaxy M9, a $25K Chinese hybrid SUV, finding its technology superior to US vehicles, raising concerns for American automakers amid growing consumer interest.
BYD, Xpeng, and Xiaomi reported double-digit sales declines in March compared to last year, while most Chinese automakers showed growth amid intensifying market competition.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.