Despite EU sanctions, luxury car smuggling thrives in Russia and North Korea, showcasing a relentless pursuit of status among ...

Since the start of the war in Ukraine, many countries, including those in the European Union (EU), have imposed heavy ...

Russian smugglers are charging tens of thousands of euros to import luxury cars from Europe, as EU sanctions in response to Moscow’s full-scale invasion of Ukraine hit the country’s wealthy.

Russian shoppers continue to access luxury Western brands despite sanctions imposed after the full-scale invasion of Ukraine, ...

Many of these sanctions and other actions focused on rich Russian oligarchs, forbidding them from purchasing luxury goods and cars like a BMW 7 Series in Russia and confiscating property such as ...

German automaker BMW Group has revealed that despite widespread international and EU sanctions, it has sold more than 100 luxury cars to Russian buyers, thus confirming earlier media reports.

The announcement confirms a report from the news outlet Business Insider, said that over 100 luxury cars had been delivered to Russian buyers despite ongoing sanctions. BMW discovered ...

The lavish lifestyle and taste of ousted Syrian President Bashar al-Assad are on display in a video that shows the abandoned garage of the presidential palace in Damascus filled with luxury cars.

German automaker BMW Group has revealed that despite widespread international and EU sanctions, it has sold more than 100 luxury cars to Russian buyers, thus confirming earlier media reports. The ...