After the departure of the Western brands, the Russian automotive market has emptied, now it is de facto divided into AvtoVAZ and Chinese car brands. said Pravda.Ru automotive specialist, editor-in-chief of radio Avtodor Anton Chuikin.
According to him, this means that in the near future there is no need to talk about lowering the prices of domestic models.
“In total, if you look at the countries of origin, the passenger car market of the Russian Federation LADA today, about 30-40% of the market can be occupied, and the rest is China,” said the expert.
According to him, the offers in the car market are now two or three times different from the “pre-Covid” indicators, so there is no “tough competition” in Russia.
“Moreover, Russian and Chinese brands operate in different price categories and do not compete directly. The most expensive LADA is still cheaper than the cheapest China,” Chuikin concluded.
Vyacheslav Zubarev, Chairman of the TransTechService Group of Companies, at the end of May reportedHe stated that the new car market in Russia decreased by 60% in a year, and that the dealer network in the country could only sell 650 thousand cars instead of 3 million.