By December 2022, new car prices may be at or below February this year, said To the agency “Avtostat” Andrey Olkhovsky, Managing Director of the Avtodom Group of Companies.
According to Olkhovsky, a multifaceted trend is now observed in the automobile market – most of the market is standing, but some are reducing prices significantly. According to him, by the end of the year, prices will decrease and the cost of cars in the mass segment will change the most.
“Prices may be at or below February levels, but most likely not until December. The expert stated that this is because 2022 will end and cars that are not sold as of January 1 are no longer considered “new”.
The biggest increase in new car prices was observed in the first quarter of 2022 (30-40%). Alexei Starikov, General Manager of New Car Sales of Avilon AG, explained that now a decrease in the cost of new cars has been recorded, so moderate demand continues.
It was previously known in Russia. closed 100 dealers since April.
Source: Gazeta
