How much will the Russian truck market fall?

The market of new trucks in Russia may fall by 40-60% this year. Such forecast was presented by the director of the analytical agency AUTOSTAT, Sergey Tselikov, in the framework of the online conference AUTOSTAT AnalyticDay, which was held on April 23rd.

The expert recalled that the market of commercial vehicles is falling stronger and deeper, and it depends much more on state support programs. Considering all the factors that influence the market of new trucks, its volume can be from 32.3 thousand to 48.4 thousand units in 2020. Thus, these figures will be the lowest for the last few years.