In the recent briefing cycle, media outlets reported that subsidies for the purchase of gasoline-powered cars under the state program for preferential auto loans had apparently ceased. The Ministry of Industry and Trade promptly clarified that the program’s terms have not yet changed, but it left room for adjustment should market conditions warrant it. Officials stressed that the automotive market is dynamic, and the state monitors demand and supply closely, ready to respond if the situation shifts.
The ministry emphasized that ongoing observation of market dynamics includes tracking consumer demand, inventory levels, and production schedules. Depending on how the market evolves, a decision could be taken to adjust the parameters of demand-stimulation programs that already exist, with the goal of maintaining steady activity in the car sector while ensuring prudent use of public funds.
It should be noted that the ministry’s statements align with broader efforts to balance fiscal support with market realities. The ministry confirmed that financing volume under the program of preferential auto loans will stay at the approved level of 5.1 billion rubles, a figure that provides a stable baseline for planning by lenders and manufacturers alike.
In related developments, authorities announced milestones for the production sector. There is an expectation that electric vehicle manufacture will grow substantially this year, with projections suggesting a ninefold increase in output, reaching 18 thousand electric cars. This shift reflects a broader policy direction aimed at diversifying the vehicular fleet and supporting zero-emission mobility in the coming years.
- Driving-related content and updates are now accessible on RuTube, broadening channels for consumer information.
Source: Izvestia