Alexey Podshchekoldin, President of the Russian Automobile Dealers Association (ROAD), said that automobile sales in the first month of 2024 decreased compared to the same month of 2023. In this respect reports Telegram channel Unlimited.
“January 2024 started off worse for dealers than January 2023 in terms of sales. And this is a worrying story,” said Podshchekoldin.
According to the pessimistic scenario, 1.1 million cars will be sold in Russia in 2024, and according to the optimistic scenario, 1.3 million cars will be sold.
If the Central Bank exchange rate remains the same, there will be no incentive programs, and if the ruble exchange rate is freed, the first scenario will work. A good estimate is based on the government’s active involvement in sales promotion.
New passenger car sales in the country in 2023 he jumped up It surpassed the one million vehicle mark with a 69% increase. Light commercial vehicles (LCV) 105 thousand units (+35% on an annual basis) were sold. During the period, the truck market increased by 71% to 140.2 thousand units, and the bus market increased by 19% to 17.8 thousand units.
Before that, the Ministry of Industry and Trade announced that the Russian automobile market would begin to recover and the sales level could reach 1.3 million units in 2024. The department stated that the sales volume in 2026 will correspond to the average annual sales volume in 2015-2021. Starting from 2027, the market will gradually grow by 1% per year. Thus, by 2030 the Russian automobile market will reach the level of 1.8 million cars per year, and by 2035 the sales volume will reach 1.9 million cars per year.
happened before knownChinese automakers do not want to make long-term contracts with dealers.
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Source: Gazeta

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.