The prices of automobiles imported to Russia through parallel imports are increasing by following the dollar and euro exchange rates, and there are no prerequisites for their decline. In this respect report “Automobile News of the Day” with reference to Vladimir Zhelobov, head of the department for the acquisition of the corporate groups “Avtodom” and “Avtospetstsentr”.
“Today, there are no prerequisites for reducing the cost of new cars. The exchange rate of the dollar and euro against the ruble is increasing, therefore, the final cost of imported cars is also increasing, ”Zhelobov told the publication.
According to him, the prices of such cars, in addition to the exchange rate, depend on the complexity of delivering the car to Russia. With the prices of cars procured through parallel imports rising, some market participants may orient themselves to other business lines, especially to enter into contracts with Chinese brands that are not yet represented in our country, or to buy used cars locally. Sunday guessed Zhelobov.
It was also learned that in May 2023 the cost of purchasing a used car for the Russians. jumped 85% compared to the same month of 2022.
It was previously known that Volkswagen. forced reduce electric vehicle production. Demand for them fell by 30%.