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The report in focus

Automotive Industry In Russia. Results of 2019. Prospects

Automotive Industry In Russia. Results of 2019. Prospects

Exit date 02.06.2020

Format PDF, 55 стр.

Price 960 eur.

report contains information on automotive vehicle production in Russia, particularly passenger cars and commercial vehicles

02 june more info

Top news

Every fifth car in Moscow is under warranty 13.07.20 - 08:57 Every fifth car in Moscow is under warranty

Such cars have 19% of the total fleet of the capital

Infographics

Dynamics of prices for cars in Russia

Dynamics-of-prices-for-new-cars.jpg

According to the analytic agency "AUTOSTAT", from September of 2014 to December of 2017, prices for new cars in Russia grew by 49%. The main reason is the growth of foreign exchange rates against the ruble. In addition, its influence is exerted by inflation and growth of production costs.

The greatest dynamics of changes in the cost of cars occurred from December of 2014 to April of 2015 (+ 21%). Just at the end of 2014 – the beginning of 2015 the ruble's exchange rate against global currencies began to fall sharply. In summer, both in 2015 and in 2016, there was a stabilization of the currency and a number of other indicators, and in some months even a slight decline in car prices was recorded. But, since September, they have again shown progressive growth. 2017 was marked by a further gradual progressive increase in prices: during this year they grew by 5%.

As the experts of the analytic agency "AUTOSTAT" noted, cars will continue to rise in price and in 2018 the price growth may be 5 - 7%. So, according to the director of the agency Sergey Tselikov, the main factors of growth may be an increase in excises for cars with a capacity of more than 200 hp and the utilization charge by 15 - 17% from the beginning of 2018. But, as Mr. Tselikov points out, provided that the Russian currency will be relatively stable at the level from 55 to 65 Rubles for $ 1 in 2018 and there will be no devaluation of the ruble.

20.03.18 AA "AUTOSTAT"
Source: www.autostat.ru