New cars in Russia are not enough for everyone
The expert told where the Russians began to buy cars
Many global brands have been identified in Russia. Automotive expert, coordinator of the Blue Buckets movement, Petr Shkumatov, told Notepad where cars will follow in the country, what will happen to prices, and whether they will line up behind cars.
Japan is the only working channel for large deliveries of cars to Russia.
“All the mechanisms there are debugged and work at very low commissions. Therefore, the Far East imports a couple of hundred thousand cars a year. It must be understood that in the event of an occurrence, we are talking about detained cars. There are also deliveries from Turkey, Southern Europe. These are popular destinations, but there is no need to talk about mass character,” Petr Shkumatov explained to Notepad.
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According to him, the shortage of cars in 2022 amounted to about one million units: “Dealers repeat the review of the used car trade, or they themselves “drag” used cars and display them in their showrooms. The prices are at a very high level. In fact, cars have become for the majority even on credit. There are physically not enough such machines to be in demand. We simply need 1.5 million new cars to replace the retired fleet. The situation is very difficult,” the expert said.
He stressed that a strange situation is developing on the market: on the one hand, there is a shortage of cars, on the other hand, people do not have money to purchase them.
“The volume of the market is falling, respectively, operating averages are being stretched. Obviously, some of the dealerships will be closed this year. I think that the assembly in Russia will produce about 700-750 thousand cars, and this volume will gradually grow. A holy place is never empty,” said Shkumatov.
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He also predicted the expansion of Chinese brands that we haven’t even heard of yet. In addition, in other countries there are ideas about this segment, first of all, we are talking about inexpensive cars.
“I think that in 2023, in this sense of consumption, and in 2024, the volumes of production and distribution of cars will meet. Prices will at least stabilize, and possibly even go down,” the expert summed up.
Formerly Notepad, read that the last stocks of foreign cars are running out in the warehouses of domestic car dealersleast of all there are cars of popular brands.
Autotraders are the number that make up no more than 30 thousand units of foreign cars on the market, which, while maintaining the pace of sales, will end in a month. It is noted that models of the middle price category beloved by Russians of brands such as Kia, Hyundai, Toyota, Renault or Volkswagen can be difficult to find. The warehouses were mostly expensive representatives of the Chinese auto industry.