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Economic Analysis: Theory and Practice
 

Chinese car brands in Russia – An econometric analysis of demand and prospects for launching new models: Considering the Haval brand as a case study

ISSUE 3, MARCH 2026

Received: 23 January 2026

Accepted: 16 February 2026

Available online: 30 March 2026

Subject Heading: BUSINESS PERFORMANCE

JEL Classification: C25, C52, C53, D12, L62

Pages: 131-145

https://doi.org/10.24891/frqcvy

Konstantin G. GOMONOV Peoples' Friendship University of Russia named after Patrice Lumumba, Moscow, Russian Federation
gomonov-kg@rudn.ru

https://orcid.org/0000-0001-6288-8664

Aleksandra O. NEVEDOMSKAYA Peoples' Friendship University of Russia named after Patrice Lumumba, Moscow, Russian Federation
1132226666@rudn.ru

https://orcid.org/0009-0000-7550-8050

Polina I. YAKHONTOVA Corresponding author, Peoples' Friendship University of Russia named after Patrice Lumumba, Moscow, Russian Federation
1132229149@rudn.ru

https://orcid.org/0009-0004-0607-7014

Subject. The Russian automotive market, which has undergone a structural transformation after 2022.
Objectives. Development and testing of a predictive machine learning model (binary logistic regression) to assess the probability of a successful entry of a new car model into the Russian market based on its technical and operational characteristics (using the example of Haval Xialong Max).
Methods. The research is based on econometric modeling: the construction and evaluation of a binary logistic regression model based on a representative sample of 70 models sold in 2024 using Python libraries (Statsmodels, Pandas). ROC analysis and metrics Accuracy, Precision, Recall, and F1-score were used to evaluate the model.
Results. The evaluation of the model showed high predictive quality (Accuracy = 85%, AUC = 0.94). It has been established that the maximum speed and average cost of a car are the most statistically significant factors of demand. Based on the model, the probability of high sales of the new Haval Xialong Max model is 79%. A targeted marketing strategy has been developed for this model.
Conclusions. After 2022, the Russian car market has radically transformed with the dominance of Chinese brands. The created logistic regression model is an effective analytical tool for predicting the success of new models, demonstrating high accuracy. The model confirmed the high potential of the Haval Xialong Max crossover in the Russian market. The research results have practical value for manufacturers and dealers in making informed decisions about entering the market and developing marketing strategies.

Keywords: automotive market, additive model, segmentation, logistic regression, machine learning model

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