Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Banking Awards
    • Banking Innovation Awards
    • Digital Banking Awards
    • Finance Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    • Financial Awards
    • Private Banking Awards
    • Private Banking Innovation Awards
    • Retail Banking Awards
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Mazda climbs to sixth place in Russian car sales after scrappage fee change
    Finance

    Mazda Climbs to Sixth Place in Russian Car Sales After Scrappage Fee Change

    Published by Global Banking & Finance Review®

    Posted on March 4, 2026

    2 min read

    Last updated: April 2, 2026

    Add as preferred source on Google
    Mazda climbs to sixth place in Russian car sales after scrappage fee change - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Global Banking & Finance Awards 2026 — Now Open for Entries
    Tags:FinanceAutomotiveMarkets

    Quick Summary

    Mazda, despite exiting Russia in 2022, surged to sixth place in January–February 2026 sales with 4,871 units—up from 338 a year earlier—benefiting from new Russian scrappage fees that favor smaller-engine imports like the CX‑5 via third-country channels, notably China.

    Global Banking & Finance Awards 2026 — Call for Entries

    Mazda climbs to sixth place in Russian car sales after scrappage fee change

    Revival of Mazda in the Russian Automotive Market

    Background and Recent Developments

    March 5 (Reuters) - Japan's Mazda, which exited Russia in 2022, is seeing a revival as one of the country's best-selling car brands thanks to new Russian scrappage charges that have shifted import patterns via third countries.

    Sales Performance and Market Position

    Data from Russian analytical agency Autostat shows Mazda climbing to sixth place with 4,871 vehicles sold in January–February, up from 338 in the same period of 2025.

    Top-Selling Models and Fee Impact

    Its CX-5 model was the top seller among imported cars with smaller, lower-output engines that qualify for much lower scrappage fees than those imposed on larger vehicles.

    Exit from Russia and Import Mechanisms

    Mazda stopped exporting vehicles to Russia in 2022 after Moscow's invasion of Ukraine, and sold its 50% stake in a manufacturing joint venture in Vladivostok. Last year, it lost its right to buy back the stake.

    "The Mazda vehicles registered in Russia are imported by independent third-party vehicle trading companies that are not controlled by Mazda Motor Corporation or any of its affiliates,” Mazda said in response to a Reuters request for comment.

    Changing Import Trends and Market Dynamics

    Role of Third-Party Importers

    Tens of thousands of cars made by foreign companies that quit Russia are still entering via third countries - mainly China - without the manufacturers' consent.

    Impact of Scrappage Fee Changes

    Import trends have shifted since December 1 when the scrappage fee for powerful and expensive cars, imported by individuals for personal use, rose by hundreds of percent. The change has sharply boosted the appeal of smaller cars, which were not similarly affected.

    Overall Market Performance

    Autostat said on Wednesday that car sales in Russia rose 2.5% year-on-year in February to 80,027 vehicles. Toyota, in ninth place, is the only other top-10 brand not from China, Russia or Belarus.

    (Reporting by Gleb Stolyarov. Editing by Mark Trevelyan and Mark Potter)

    References

    • Mazda climbs to sixth place in Russian car sales after scrappage fee change – Investing.com (via Reuters)
    • Mazda climbs to sixth place in Russian car sales after scrappage fee change – Global Banking & Finance Review

    Table of Contents

    • Revival of Mazda in the Russian Automotive Market

    Key Takeaways

    • •Mazda sales in Russia jumped dramatically in early 2026, from 338 to 4,871 units year-on-year, ranking sixth overall and led by the CX‑5 model under scrappage‑fee‑friendly engine thresholds.
    • •Russia’s December 1, 2025 scrappage‑fee reform sharply raised charges on powerful imports but retained low fees for vehicles under 160 hp—driving a shift to smaller‑engine models via grey‑market imports from China and beyond.
    • •Tens of thousands of vehicles from foreign brands that exited Russia continue entering via third countries, with China a primary conduit; these are sold as used or parallel imports outside manufacturers’ control.

    Frequently Asked Questions about Mazda climbs to sixth place in Russian car sales after scrappage fee change

    1Why did Mazda climb in Russian car sales rankings?

    Mazda's sales grew in Russia due to new scrappage fees that favor imported cars with smaller engines, boosting the appeal of models like the CX-5.

    2What is the impact of the new Russian scrappage fees?

    The new scrappage fees sharply increased costs for importing powerful and expensive cars, shifting demand to smaller, lower-output vehicles.

    Background and Recent Developments
  • Sales Performance and Market Position
  • Top-Selling Models and Fee Impact
  • Exit from Russia and Import Mechanisms
  • Changing Import Trends and Market Dynamics
  • Role of Third-Party Importers
  • Impact of Scrappage Fee Changes
  • Overall Market Performance
  • 3How many Mazda vehicles were sold in Russia in early 2025?

    4,871 Mazda vehicles were sold in Russia during January–February, a significant rise from 338 units in the same period the previous year.

    4Are foreign car brands still available in Russia?

    Yes, cars from foreign brands are still entering Russia via third countries, mainly China, despite manufacturers having exited the market.

    5Which Mazda model is the top seller among imported cars in Russia?

    The Mazda CX-5 was the top-selling imported model with small, lower-output engines qualifying for lower scrappage fees.

    More from Finance

    Explore more articles in the Finance category

    Image for World weighs fate of Mideast ceasefire after US seizes Iranian cargo ship
    World Weighs Fate of Mideast Ceasefire After US Seizes Iranian Cargo Ship
    Image for UK manufacturers divided on capacity to meet sovereign push, survey shows
    UK Manufacturers Divided on Capacity to Meet Sovereign Push, Survey Shows
    Image for Asian airlines report Europe demand surge as Gulf hub disruption shifts traffic
    Asian Airlines Report Europe Demand Surge as Gulf Hub Disruption Shifts Traffic
    Image for Dollar rebounds as Middle East tensions reignite, Hormuz closed
    Dollar Rebounds as Middle East Tensions Reignite, Hormuz Closed
    Image for Oil jumps and stock futures slip as Iran tensions unsettle markets
    Oil Jumps and Stock Futures Slip as Iran Tensions Unsettle Markets
    Image for EV sales soar in main European markets as drivers shun expensive petrol
    Ev Sales Soar in Main European Markets as Drivers Shun Expensive Petrol
    Image for Oil prices rebound 7% as Strait of Hormuz is closed again
    Oil Prices Rebound 7% as Strait of Hormuz Is Closed Again
    Image for Ukraine pushes for Europe to build defense system against ballistic weapons
    Ukraine Pushes for Europe to Build Defense System Against Ballistic Weapons
    Image for Germany's Merz, Brazil's Lula stress close European-Brazilian cooperation
    Germany's Merz, Brazil's Lula Stress Close European-Brazilian Cooperation
    Image for Ukraine's PM says IMF agreed raising tax on self-employed is 'not constructive'
    Ukraine's PM Says IMF Agreed Raising Tax on Self-Employed Is 'not Constructive'
    Image for Germany's Merz says industrial AI needs less stringent EU regulation
    Germany's Merz Says Industrial AI Needs Less Stringent EU Regulation
    Image for QXO to buy commercial roofing firm TopBuild for $17 billion
    Qxo to Buy Commercial Roofing Firm TopBuild for $17 Billion
    View All Finance Posts
    Previous Finance PostBanijay Shares Rise Nearly 6% on All3Media Merger Deal
    Next Finance PostUBS Raises Average Brent Price Forecasts for First Quarter, Full Year 2026