Car inventories in dealer warehouses have reached their highest level since the beginning of 2022, and the number of Chinese brand cars in them exceeded two months’ sales, Vedomosti writes.
The publication’s interlocutors claim that the situation will last several months and will force distributors to offer discounts to customers.
President of the Russian Association of Automobile Dealers (ROAD) Alexey Podshchekoldin noted that purchasing activity began to gradually decline from October 2023, after another increase in the key rate of the Central Bank and the appearance on the market of imported cars after recycling indexation. quota in August 2023.
According to independent automobile industry consultant Sergei Burgazliev, automobile retailers who plan to receive a quota from manufacturers for the second to fourth quarter of 2024 will first have to sell the cars they have already ordered.
- In 2023, 19 new Chinese brands entered the Russian automobile market. Among them are Jaecoo, Jetour, Baic, Kaiyi, Voyah, Livan, Ora, Forthing, Skywell, SWM, Honqgi, Dongfeng, Li Xiang, Haima, Jetta, etc.
Author:
Karina Pardaeva
Source: RB
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