The increase in passenger car sales in Russia by more than 80% in April 2024 is due to the “overheating” of the automobile market in the country. In this respect kp.ru said Jan Heitzer, vice president of the National Automobile Association.
“Many cars were brought to Russia under the gray plan with the expectation that the recycling fee would increase, they had to be sold, sellers reduced prices, which affected the entire market. In addition, promotions of Chinese cars assembled in Russia or imported through official imports continued. The expert said that the competition among Chinese companies in our market is very high and in order to win, prices must be reduced.
In addition, fears that automobile prices may increase, as well as the improvement of the financial situation of Russians and the approach of the summer season, were also effective in this indicator. Haizer added that another factor is that citizens are no longer wary of Chinese cars.
Analytical agency “Avtostat” in April WroteIt was stated that as of the end of March, new passenger car sales in Russia reached 146.5 thousand units. The value is 2.1 times higher than last year’s figure. In March, three brands dominated the Russian market: Lada, Haval and Geely.
It was previously reported that the Russians. become Actively purchase tires for passenger cars.
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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.