In January-October 2023, China produced 21 million passenger cars, double the rate of the European Union and the United Kingdom. In this respect reports RIA News.
“China produced 20.7 million cars in the January-October period; This was an absolute record among the same periods in previous years. At the same time, things are not much better in the European Union and Britain in the face of anti-Russian sanctions: through 10 months of this year, production fell to 10.4 million, 22.5% behind the figures of four years ago. units,” the report says.
It is stated that China’s automotive industry employs 30 million people, more than twice that of Europe (12.9 million workers).
It happened before that knownA decrease was recorded in automobile prices of some Chinese brands in Russia. Therefore, many automakers reduce car prices at the end of the year because most customers expect additional discounts or other gifts from dealers. Therefore, distributors create an attractive offer by reducing prices in advance. According to automobile experts, automobile prices will most likely not increase after the New Year. This will be affected by the strengthening ruble exchange rate and competition in the market.
Previously reportedThat a new domestic hybrid car will appear in Russia.