Expert spoke about the future of the Chinese car market in Russia

No time to read?
Get a summary

The Russian car market is already saturated to the limit with Chinese cars and in the future it will be balanced by brands and models. Mikhail Osetrov, co-founder of the AutoExpert company, vice president of the Association of Auto Experts and Appraisers, spoke about this at the event organized by Reedus. round table “When will Chinese cars become cheaper?”

“New Chinese models have been launched throughout the entire year 2022-2023. And it was not clear how they would serve them, how they would behave in the market. This year, I think, models that are already clear in the market will be in demand, and unpopular and poorly sold models will be abandoned,” Osetrov said.

According to him, no decrease in prices of Chinese cars is expected. Manufacturers are unlikely to agree to this, and the purchase price of cars for Russian car dealers does not differ much from their final price to the consumer.

According to this researchThe main advantage of modern Chinese cars over their competitors, carried out by Avto.ru Business, is their rich equipment.

Thus, the most “generous” Chinese crossover in terms of basic options was the Haval Jolion in the Premium configuration, the most “poor” was the Chery Tiggo 4 Pro in the Travel version. They have 67 and 51 main options respectively. It is stated that crossovers from China occupy 24% of the Russian market. At the same time, the share of Chinese cars in the Russian market is 61 percent.

Previously reportedIn January, supplies of five Chinese car models to Russia were stopped.

No time to read?
Get a summary
Previous Article

Tete Morente, possible loss: Had to stop at some point

Next Article

Police search the flat in Valencia where the ‘hosts’ of the murdered canoe were taken