Automakers may start “price wars” in Russia

No time to read?
Get a summary

If the interest rate remains at the current level, normalization of prices in the Russian automobile market can be expected, which may lead to price wars between automobile companies. In this respect report Izvestia cites Andrey Olkhovsky, general director of the Avtodom dealer holding.

“Among the main reasons why prices continue to grow or remain stable is the key interest rate. If it remains at the current level, we may see not only the normalization of prices, but also price wars between producers in case of market stagnation,” Andrei Olkhovsky predicted.

The expert noted that with the loosening of monetary policy, it is possible for car prices to increase in proportion to the growth of effective demand.

It happened before that knownThat with a budget of 1 million rubles on the secondary market in Russia you can choose a reliable crossover that will not cause problems for the new owner. These cars include Renault Duster, Suzuki Grand Vitara, Nissan X-Trail and Mitsubishi Outlander. For the same amount you can buy Suzuki Grand Vitara, released in 2011-2012.

Also, after the price reduction, the Moskvich 3 car most accessible crossover in the Russian market. The recommended retail price for the most affordable Moskvich 3 is currently 1.59 million rubles; This is lower than the Livan X3 Pro, which was estimated at 1.89 million rubles and was previously the cheapest crossover on the Russian market.

happened before knownIt was stated that Russian dealers have sold 90% of the revived Hyundai Creta (Solaris HC) since the first delivery.

No time to read?
Get a summary
Previous Article

The coach of the KHL club, who met with tennis player Sabalenka, died

Next Article

‘Rz’ journalist responds to wave of hate surrounding Ziobro disease ‘Sometimes you just have to see a person in another’