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


Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info


What cars do Russians prefer to buy? TOP-10 of brands


Hyundai sold 4161 vehicles by new state programs


"Hyundai Motor CIS" Company summed up the first results of work in the framework of new financial products for car purchase with taking into account the state car loan programs - "First car" and "Family car". In total it was sold 4,161 cars within the framework of these programs, including 2013 - under the "First Car" program and 2148 - under the "Family Car" program, reports the company's press service.

The most popular among customers is the Hyundai Solaris sedan, the second generation of which was released in February of this year. In total, under the First Car and Family Car programs, 2,811 units of this model were sold during the period when Hyundai Motor CIS took part in them.

Hyundai Motor CIS, together with its partner banks Hyundai Finance, Settlem Bank and Rusfinance Bank, joined the First Car and Family Car programs in mid-July of this year. According to these programs, buyers receive a subsidy to make an initial payment of 10% of the car's price for the purchase of new Hyundai Solaris and Hyundai Creta cars on credit. The client needs to make the minimum possible initial contribution, stipulated by the terms of the loan program, and the state will add another 10% of the car cost, thereby reducing the loan amount.

Also, in addition to these programs, the terms of the previously approved state program for supporting car loans continue to operate. Thus, the client can simultaneously use one of the lending programs "First car" or "Family car" and a standard program of state support and get a double benefit. At the same time, clients can take advantage of the program without making an initial payment. Even in this case, the buyer receives support in the form of a subsidy for the down payment and a reduced interest rate on the loan.

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