AvtoVAZ President Maxim Sokolov improved the forecast for the volume of the Russian market for new cars in Russia, reports RIA News”.
“Based on the current situation of the car market, we assume that the total can reach about 1 million cars, also taking into account the significantly increased parallel imports,” Sokolov told the agency.
Before that, AvtoVAZ had predicted that car sales in Russia would remain at the level of 800-850 thousand cars. The previous estimate took into account the preferential loan program for car purchases; funds ran out in February, after which demand for cars in Russia decreased significantly.
The president of AvtoVAZ attributed the improvement in new car sales forecasts in Russia to the increasing purchasing power of the population. Sokolov stated that the demand for automobiles started to increase as of the summer of 2023.
Previously on the official website of AvtoVAZ dead The accident followed the announcement that online sales of Lada cars would begin.