Prices for cars in Russia have begun to fall due to overstocking of dealer warehouses, but this will not last more than a month. In this respect reports “Komsomolskaya Pravda”, citing Renat Tyukteev, Deputy General Director for New Car Sales of Avilon AG. According to him, since January 2024, some automakers have been increasing payments to dealers, and this money is being discounted.
“Financial support from manufacturers will last no more than a month, so discounts from car dealers are possible for this period. “Then prices will return to their previous values,” he said.
It happened before that knownIt was stated that in January 2024, new passenger vehicle stocks in the warehouses of large dealer holdings reached the highest level since the beginning of 2022.
In particular, the Rolf company has 4.5 thousand cars in its warehouse, compared to 4.2 thousand and 4.3 thousand cars in 2022 and 2023, respectively. The overstocking stems from Chinese automakers trying to max out dealer warehouses by the end of 2023. The stock of such machines reaches two months’ sales volume.
It will take a few months for dealers to sell their excess cars. At the same time, sellers will have to give discounts to buyers.
happened before knownHe said that dealers started to give discounts on cars worth 300 thousand rubles due to clogging of warehouses.