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.

Many of these sanctions and other actions focused on rich Russian oligarchs, forbidding them from purchasing luxury goods and ...

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.

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 ...

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 ...

BMW announced on Dec. 23 that it had dismissed employees involved in exporting over 100 luxury cars from Germany to Russian buyers in violation of sanctions. A Russian oligarch also illegally ...