Dealers expect a significant decrease in the number of Chinese car brands represented in the Russian Federation. In this respect to write Izvestia, citing the head of the Russian Association of Automobile Dealers (ROAD) Alexey Podshchekoldin. According to him, in 2024, about 60 Chinese brands were counted in the Russian Federation, including those that did not officially enter the domestic market.
“The capacity of the Chinese automobile industry is approximately 30 million cars per year, although it produces 24-25 million cars. Chinese companies will do their best to enter our market and sell as many cars as possible. […] “I’m sure in a few years only 10-20 of these 60 brands will remain,” he said.
The association also stated that new car sales in the January-February 2024 period increased by 77% compared to the same period of 2023, reaching 201.3 thousand units, and 68.5 thousand sales (34%) consisted of Russian cars and 113.2 thousand units consisted of Russian cars. – To the Chinese (56%) and 19.6 thousand units. — for stamps from other countries (10%).
Before that, in the dealers association reportedHe said that automobile stocks in Russia will be significantly depleted in the coming months, and then sales of cars produced in 2024 will start at completely different prices.
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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.