AUTOSTAT 100+: what will be the results of the 2020 car market?

On May 15th, the analytical agency "AUTOSTAT" held an online rally "AUTOSTAT 100+", partners of which were Avito Auto and the international payment system WalletOne. More than 750 people took part in the event - the leaders and owners of the auto business, marketers and analysts, car dealers and servicemen, IT specialists and representatives of financial organizations and insurance companies.

Viewers were invited to take part in an express vote and answer two questions - how much will the Russian car market fall in 2020, and how much will prices for new cars rise? Concerning the first question, the majority of the audience (59%) believes that the market will shrink by about a third - from 20% to 40%. Other 34% of respondents favor a more pessimistic scenario and predict a market decline of 40-60%.

And only 7% of viewers hope for an optimistic development of events and believe that sales of new cars in Russia will decrease by no more than 20%. But concerning the forecasts regarding price increases, the viewers were divided almost equally: 44% believe that prices will increase from 5% to 10%, and other 47% are sure that the increase will be more - from 10% to 15%. Only 9% of participants predict an increase in the cost of cars by 15 - 20%.