Prices for Chinese cars are expected to drop in Russia 05:50

Yang Haytseer, vice president of the National Automobile Association, believes that the prices of Chinese cars in Russia could fall. He shared his opinion with the radio Sputnik.

According to the auto expert, there are now a lot of Chinese cars in the domestic market and there is no queue for them. Heitzeher believes that over time, competition among Chinese manufacturers will affect price adjustments.

“In China, the cost of cars is much lower. Shipping costs, quite high customs duties and other payments increase our cost. If some of these costs are reduced, then our hopes for a price reduction may be realized,” said the expert. According to his calculations, prices will be reduced by 5-10%. will take at least six months.

Formerly “Rossiyskaya Gazeta” Wrotethat dealers are preparing to increase the price of new cars by 15-20%. First of all, the increase will affect cars supplied to Russia through parallel imports. And the price of officially presented Chinese cars will rise less, as Chinese manufacturers try to partially compensate for the costs of foreign exchange and logistics.



Source: Gazeta

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