Money is everything: the funds for preferential car loans for gasoline cars have been exhausted

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AVTOVAZ President Maxim Sokolov assured that the funds allocated for 2023 under the program of state support for domestic car demand have already been exhausted for gasoline cars. He believes that the preferential car loan program should be funded.

Sokolov recalled that in previous years money was allocated to this program many times over, this year – a little more than 5 billion rubles.

*This material was created by a person who has the status of a foreign agent in the Russian Federation.

“And this money has been spent since the beginning of February. Admittedly, 1.5 billion of these 5 billion were blocked there – under the electric car program. Although electric vehicles, if I remember correctly, sold less than 20 units throughout Russia in January, the head of AVTOVAZ attracted attention.

Earlier, the Ministry of Industry and Trade of the Russian Federation denied information that the state program will be reoriented to support the purchase of electric vehicles. Experts also agree that both domestic automakers and buyers themselves will suffer from the changes.

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Source: Prime

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