Deputy Prime Minister and head of the Ministry of Industry and Trade, Denis Manturov, stated that the Russian automotive market has reached a level of relative stability. He emphasized that the continued flow of parallel imported vehicles would not, in his assessment, trigger a new wave of price increases. Manturov pointed to a combination of stabilizing factors: refined logistics pathways, efficient organization of production chains, steady component supplies, and a more predictable exchange rate environment. Taken together, these elements, he argued, reduce the likelihood of further price escalation for cars within the domestic market.
Nevertheless, Manturov did acknowledge that the price decline for foreign-brand vehicles, which recently joined the list of parallel imports, remains uncertain. He suggested that even with expanded access to these models, the broader dynamics of inflation, both globally and domestically, would continue to exert upward pressure on prices. The overarching question, in his view, is not whether prices will fall, but by how much they might still rise, given the current inflationary backdrop.
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[Citation: RIA Novosti]