[moltar]

Not going to change for a bit. There’s still the fallout from Dieselgate. All of those cars are ending up for peanuts in Eastern Europe. My friend from Ukraine was quoting me insanely low prices for premium cars in Ukraine. And that’s with their super high tax rate.

Also, Eastern Europeans like to show off. Car is a major status symbol. Driving a Chinese car is a hair above driving a Soviet car. So anyone who can afford anything better will not buy it.

[elvirs]

showing off is huge in that part of the world. they will prefer a 20 year old bmw thats falling apart, makes all kind of noises and stinks gasoline rather than get behind a wheel of a newer economy Hyundai

[moltar]

Exactly. And provided that premium class cars are now a quarter of the price just a few years ago, who in their right mind would get a new Kia vs a 3yo Audi/BMW.