Financial capacity of the largest market in the country in the Moscow region has declined, but others could grow by tens of percent - mainly due to the replacement of low-cost cars by more expensive models, experts say.19 junemore info
According to the information, published on the website of the association "Russian Automobile Dealers" (ROAD), in February of 2017, the dynamics of contracting dealers in Russia was -7% compared to January.
This indicator reflects the level of consumer activity in February and it takes into account the number of concluded and terminated contracts for the supply of new cars to end-users. Thus, the volume of concluded contracts for the month decreased by 4.92%, and the number of canceled contracts increased by 6.07%.
According to Vladislav Rydaev, the vice-president of ROAD and general director of GC Terra Avto, the dynamics of contracting was influenced by the activity of the beginning of January, and also by the fact that February is the shortest month of the year. "At the same time, many dealers noted a revival of buyers' activity in the second half of February, which gives reason to expect positive dynamics in March," - noted Mr. Rydaev.