Moskvich automobiles are set to join Russia’s subsidized car loan scheme beginning in April 2023. This development was confirmed by Dmitry Pronin, the general director of the plant, during a broadcast on the Evening Arrival program on Chanson radio, as reported by TASS. Pronin emphasized that the company expects to participate in the program aimed at supporting vehicle demand and that discussions with colleagues on all required documents have reached a productive stage. He expressed confidence that Moskvich would be part of the scheme by the end of April, signaling a clear path toward inclusion in the government-backed lending initiative.
The Moskvich 3 crossover is offered in a single configuration line. The model with a traditional six-speed manual transmission is priced at 1.97 million rubles, while the variant equipped with a continuously variable transmission (CVT) is listed at 2.035 million rubles. A higher-end version, the Moskvich 3e, carries a price tag of 3.5 million rubles. These price points reflect the company’s strategy to balance affordability with increasingly modern features, as the brand seeks to reestablish its presence in the competitive domestic market.
Russia’s federal program for preferential auto loans was extended through 2023, with the government providing subsidies that can cover up to 20 percent of a vehicle’s cost. In the Far Eastern Federal District, the discount rises to 25 percent, illustrating a regional approach designed to stimulate demand in areas facing unique economic and logistical challenges. Existing participants in the program include models from UAZ, Lada, and GAZ, along with Evolute and Haval, all priced around two million rubles. This broader mix demonstrates the government’s intent to maintain a robust lineup of affordable vehicles for Russian buyers while supporting domestic manufacturers and trade partners.
Earlier reports noted remarks from China’s Ambassador to Moscow, Zhang Hanhui, highlighting trade developments tied to the automotive sector. In 2022, China exported 162,000 cars to Russia, marking a growth of over 33 percent compared with the previous year. This trend underscores the evolving dynamics of international supply chains and market access in the post-pandemic period, potentially influencing future pricing, partnerships, and financing options available to Russian consumers and automakers alike. (cited via TASS attribution)