Imports of new cars to Russia in January-May increased by 4.8 times, deliveries from China in monetary terms reached almost $1 billion per month. In just five months, 120.9 thousand cars were delivered, Kommersant writes.

New car deliveries from China hit $1 billion a month

The sharp jump in imports was due to a long absence of local offers in the mass segment, including Lada Vesta, market participants point out.

Analysts point out that imports, given the current level of demand and the ruble exchange rate, will remain stable, furthermore, they are fueled by discussions about increasing waste collection.

  • In June, AvtoVAZ began to check three dealers in Moscow for the overpricing of Lada Vesta NG cars. The company has suspended the shipment of new car models to these centers. Starting prices for Lada Vesta NG from various dealers amounted to 2.1 million rubles. At the same time, AvtoVAZ in May set the recommended cost of a car in the range from 1.24 million to 1.69 million rubles.

Author:

karina pardaeva

Source: RB

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