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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

Analytics

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

Infographics

How do Russians rate the assembly quality of Chinese cars?

News

Half of vehicles in Russia sold on credit

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In 2017, 713,600 passenger cars were bought on credit in Russia, that is 48.9% of the total market volume. AUTOSTAT and NBCH specialists came to this conclusion having processes data of 4,100 credit organizations. So, the share of credit sales increased by about 5% during the year. We should remind that this share was 44% or 552,400 car loans in 2016.

According to Sergey Udalov, executive director of AUTOSTAT analytic agency, the record share of credit cars in the market structure is mostly due to the state program of preferential car lending. "In the third quarter of 2017, it was added with new programs - First Vehicle and Family Car. Besides the subsidized interest rate, the customers got 10% discount for a vehicle under these programs, which only increased the attractiveness of the credit, "he said.

26.01.18 AA "AUTOSTAT"
Source: www.autostat