No changes in new car prices were recorded in Russia in the period from September 16 to September 30, 2023. In this respect reports “Avtostat” refers to a work of the “Price Auto” portal.
It was noted that a large increase in prices was observed in August, with 15 brands immediately increasing the prices of their vehicles. In the last month of summer, car prices increased due to the new recycling fee introduced on August 1 and the weakening of the ruble against major foreign currencies.
Renat Tyukteev, formerly Deputy General Manager of New Vehicle Sales at Avilon AG statedHe said that the average increase in car prices in Russia by the end of the year will be 30%. The main reasons for the increase in car prices are the indexation of recycling fees, the weak ruble and sanctions. According to the expert, after the introduction of the recycling collection system, new cars have become more expensive by about 120 thousand – 600 thousand rubles.
Previously reportedAvtoVAZ’s St. He said he wanted to produce a new model in St. Petersburg.