The Russian car market could fall by 50% in November 2024. about this reports said Andrey Terlyukevich, general director of the analytical agency “Avtostat”, GC “AutoSpetsCenter”.
“If producers decide to increase prices in November, there is a possibility that the market will decrease by 40-50% compared to October,” Terlyukevich said.
According to him, the demand for cars will be affected by the cost and availability of loans for individuals and leasing for legal entities. In addition, external economic factors and currency fluctuations may also contribute to the situation in the automobile market.
before that reportedKorean, European and Japanese cars are sold out in Russian car dealerships, dealers warned about the shortage of such cars. Experts say that this is affected by the increase in the key rate of the Central Bank of the Russian Federation and the change in recycling fee tariffs.
The most popular model of the Japanese brand Toyota RAV4 is still sold at old prices, but it is said that after the implementation of the new recycling rate, cars from new batches will cost 250-300 thousand more.
existed before named The 10 most popular cars among Russians in November.
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.