The report in focus



Exit date 22.08.2019

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Price 2750 eur.

In the course of the study, we get the features of consumer behavior of car owners by the following themes: automotive antifreeze brand recognition (with and without options) and features of a car coolant choosing.

22 august 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


Preferential car lending program will finish in 2011


Government program of preferential car lending finishes on 31 December 2011 and is not planned to be prolonged yet. This information was got by Russian newspaper from Ministry of Industrial Trade. They also noticed that $3.2 billion, planned by Ministry of Finance in the project of federal budget for 2012-2013 for compensation to the banks taking part in the government program, are not additional financing but government compensation of banks’ expenses for earlier lending. This year the government will appropriate 2.773 billion roubles for the banks and in 2013 this sum will be 2.052 roubles.

They also reminded that originally the program of preferential lending was planned for one year, however it was prolonged twice. From 2009 to 2011, 114 banks participating in the government program credited almost 350,000 people. According to data of Ministry of Industrial Trade on 9 September, this year banks got 364,720 applications for preferential car credits and 166,903 of them were approved. Totally in 2011 Ministry of Industrial Trade intends to credit about 200,000 people under preferential car lending program – about 20% more than a year ago (165,000 credits).

According to AUTOSTAT estimation the number of cars sold on credit grows at average by 35% per year and lax credits provide almost 10% of the sales in the Russian car market. As AUTOSTAT managing director, Sergey Udalov says, preferential car lending enabled to make more active both consumers and banks, which started to create joint programs with car concerns. Today some of such corporate programs attract customers with even more beneficial terms – from the reduced time of application processing to the decrease of lending rates.

Moreover, banks introduce new car lending programs for trucks and special vehicles including trailers, buses and microbuses.

According to the terms of preferential car lending program, any passenger car or LCV produced in Russia with the cost under 600,000 roubles can be bought on credit. The initial instalment is 15% of the car cost, the lending rate subsidized by the government is 6%, credit payment term is 36 months.

28.09.11 AUTOSTAT
Source: www.autostat.ru

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