From 2024, the car market will begin to grow steadily, and in five years it will recover to the previous level – such a favorable development of events is quite possible, some experts are sure.
“The industry’s recovery can be positively impacted by early import substitution in parts supply chains. The geopolitical situation and the growth of the economy of the country as a whole are also of great importance as it affects the solvency of market consumers,” said Alexander Bagretsov, specialist at SRG.
Now the Russian market is undergoing a transformation, in which there are many components, says the expert. In particular, these are the areas of production and service, as well as the factor of abandoning the usual brands and replacing them with representatives of the Asian automotive industry.
- One of the main expectations is parallel import, and experts have also figured out when it will be fully operational.
- “Behind the wheel” can be read in Odnoklassniki.
Source: Izvestia
Source: Z R
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.