Parallel imports of cars, which allow them to be imported from third countries without the manufacturer’s permission, expand the product range, but lead to increased car prices. About This Life said Kirill Ivanov, Development Director, CarPrice.
Parallel imports made it possible to expand the Russian car market and replenish it with models that are not planned to be delivered to the country, the expert said. We are talking about electric vehicles and cars with other configurations intended for the European or Asian market.
“At the same time, parallel imports will cause an increase in automobile prices. There is still a huge gap in the automobile market. It certainly doesn’t help the price drop. Prices are also affected by changes in the exchange rate: firstly, an increase in the exchange rate directly causes an increase in the cost of a car, and secondly, because the exchange rate is constantly changing, market players include risks in the final price for the consumer,” said Ivanov.
It was reported that the Ministry of Industry and Trade has previously announced. approved Updated list of goods allowed for parallel import into Russia. A number of motor oil brands (Shell Helix, Rimula) have been added to this list, and 12 more automotive brands have been added.