In Russia, sales of new cars fell, and prices doubled

The main reason is the statements of car concerns about stopping the shipment of cars.

В РФ упали продажи новых авто, а цены выросли вдвое

Due to the lack of new supplies, sales of cars of American, European and Japanese brands in March almost stopped. About this writes Forbes Russia with reference to car dealers.

The only exceptions were Chinese car brands: according to experts, in March they will be able to increase their market share to 30%.

Sales of new cars in Russia in March 2022 will fall in physical terms at least twice compared to February – this forecast was made by the head of the analytical agency “Avtostat” Sergei Tselikov.

“The market expects an unprecedented drop in sales,” said Roman Eshkilev, an expert on the Bankauto marketplace.

According to him, there are several reasons for this. First, the dealers themselves, even having stock balances for many brands, were not ready to sell them, not realizing what would happen to subsequent deliveries from automakers.

Second, car loan rates have risen sharply in the car market, and some banks have stopped issuing them. All this together has led to a critical drop in demand.

The main reason for the fall of the market dealers call the statements of the largest automakers to stop shipments of cars.

Each participant in the chain from production to sale increased its share of the margin, which led to such an increase in prices. From the beginning of the year to the end of March, new cars went up by 50% to 100% and more. And the rise in prices was for all brands, even Russian. For example, Lada at the recommended (manufacturer's) price of 1.1 million rubles for the end customer will cost just over 2 million rubles, “the publication adds.

Read also: Due to sanctions against Russia, the dollar may become less attractive – the IMF

It was reported that the Russian car industry is “idle.” Workers' salaries will be reduced.

Based on materials: ZN.ua

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