The report in focus

Automotive market in Russia-2018

Automotive market in Russia-2018

Exit date 21.05.2018

Format PDF

Price 1320 eur.

We're introduce the sixteenth edition of our annual reference book "Automotive market in ...

21 may more info

Analytics

Year 2017 ends with 11,9% car sales market increase

In 2017 new car and LCV sales increased by 11, 9%.

13 marchmore info

Infographics

The dynamics of sales of new cars in Russia 1998-2015

News

The growth in prices for new cars in 2018 may range from 5% to 7%

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This year, cars in Russia can rise in price by 5 - 7%. The main factors of growth may be an increase in excise taxes on cars with a capacity of more than 200 hp and increase of the utilization charge by 15 - 17% from the beginning of 2018. This opinion was expressed by the director of the analytic agency "AUTOSTAT", Sergei Tselikov.

"On condition that in 2018 the Russian currency will be relatively stable at the level of 55 - 65 rubles for $ 1, and if there is no devaluation of the ruble, which, in theory, should not be, these factors can give an average growth of 5-7%”, - states Mr. Tselikov. "I do not see the reasons for the further rise in prices". The expert also notes that to date no less than 50% of any car, including Russian production, is a currency component.

The fact that the prices for new cars in 2018 will grow, the main players warned in the last year. Recall that even in the second half of December, prices were raised immediately by 6 automakers.

We also note that according to a preliminary assessment by the analytic agency "AUTOSTAT", in 2017 the prices for new cars in Russia increased by 5% in average.

12.01.18 AA "AUTOSTAT"
Source: www.autostat