Chinese car stocks decreased in the Russian Federation

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Chinese automobile stocks decreased in Russia. writes about this “Kommersant” Based on February 2024 results, according to Gazprombank Leasing data.

According to the publication, as of March, Chinese automobile stocks reached almost 100 thousand units. Dealers state that discounts on new cars may disappear along with the new cars and that some distributors have already given up on support programs.

“If all dealers entered this year with two months of stock, they already had a month and a half in March. In addition, the level of discounts will also decrease, since there are no prerequisites for maintaining large discounts for a long time,” said Renat Tyukteev, Avilon’s deputy general director for new car sales.

Gazprombank Leasing noted that, depending on the sales pace in 2023, this reserve volume will be sufficient for 2-3 months of sales.

Before that socialbites.ca WroteIt is stated that in winter, Chinese car owners in Russia mostly complain about discharged batteries, engines that do not start in cold weather, windshield wiper malfunctions and paint defects.

Previously compiled Portrait of the average Chinese car buyer in the Russian Federation.

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