Prices of Chinese cars could rise by 20% after recycling rates increase in Russia. reports autonews.ru with reference to Anton Shaparin, vice president of the National Automobile Association.
“The blow to the car market will be severe. We understand very well that an additional 300 thousand rubles for popular Chinese cars is at least 10-20% of their cost,” said Anton Shaparin, Vice President of the National Automobile Association, assessing the possibility of car prices increasing after the increase in recycling rates.
Before that, the Russian Association of Automobile Dealers (ROAD) sent The government has proposed to postpone the indexation of the recycling fee for cars for five years.
The organization notes that the increase in the rate of recycling collection is associated with a number of serious risks for the industry. The association recalls that the price of passenger cars in Russia has doubled over the past 2.5 years. The same amount of cars is expected to increase in price by 2030. Taking into account the growth in recycling collection, Russians will be able to afford to buy a car by 5-7%, and new car sales will not exceed 600 thousand units, which “will allow the development of new cars”, spare parts and car production are irrelevant, ROAD emphasizes.
From October 1, the size of the recycling fee in Russia may increase by 70-85%. Anticipating this, Russians rushed to buy cars. Demand for them increased by 42.4% in July. A total of 136.2 thousand cars were sold in a month.
Previously reportedHe said that Geely will introduce a new Cityray crossover to the Russian market.
What are you thinking?
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.