After leaving the Russian market, Western automakers have lost a lot of money. Of course they regret the perfect step. But they had no choice because the governments of Western countries put pressure on them.
This is what Vice President of the Russian Security Council Dmitry Medvedev says during a conversation with journalists and users of VKontakte.
“We had cooperation – they left us. Do you think they don’t regret it? She’s terribly sorry. But their command system is even stricter than in Soviet times. They were told from above, “So, get out of the country.” And all these Opel, Volkswagen, Renault, Peugeot, Mercedes-Benz, BMW – they began to leave in orderly rows. Lost big money. They lost a lot of money and damaged their economies. Their choice,” TASS quotes Dmitry Anatolyevich.
This negatively affected the Russian car market, the politician admitted.
“No one is saying that their actions don’t harm us at all. Objectively speaking, the car market has sunk, that’s right. You can actually buy everything, but everything has risen in price very sharply. And this, of course, is bad. Unfortunately, this is the price you have to pay. These are not our limitations, these are their limitations in our consumer market,” concludes Medvedev.
Nevertheless, every effort is being made in the country to compensate for the shortage of cars. Abandoned factories are being restarted and new enterprises are being built, doors are opening for Chinese and Iranian car manufacturers, the possibility of importing vehicles under the parallel import scheme is being expanded and new suppliers of spare parts and components are being sought and found.
According to the latest forecast, the situation in the Russian market should change already at the beginning of 2024, and prices for both new and used cars will begin to fall.
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.