Preferential car loans and lease programs: the authorities are changing the rules

State programs to maintain demand for Russian cars — preferential car loans and leasing — are not scheduled to resume in the near future, said Denis Manturov, head of the Ministry of Industry and Trade. In conditions of scarcity, until the logistics chains are fully established and the production of cars starts rhythmically, it makes no sense.

But this will not always be the case. The Ministry of Industry and Trade, together with the auto industry, is developing measures to support the domestic auto industry against the background of sanctions. Thereafter, the following support packages will be submitted to the government for further consideration.

The authorities have already provided some relief to the car industry: the payment of the recycling fee has been postponed and the option of a preferential loan has been foreseen. Other measures are being considered.

At the same time, foreign automakers who have suspended their work in Russia were asked to decide whether to leave permanently or remain in Russia. The deadline has been set at the beginning of April.

Source: Z R

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