Dealers believe that the car shortage may persist until the end of the year

Stocks of new vehicles in dealer warehouses will be not filled up until March of 2021. This opinion was voiced during the panel discussion that took place within the framework of the online forum "AUTOSTAT Analytic Day" on November 25th, 2020. “In the second half of 2020, we faced a unique situation - a shortage of new cars for all brands and models. - Vyacheslav Zubarev, President of the Russian Automobile Dealers Association, comments on the situation. - I don’t remember such a total deficit for many years. I think that in November - December this year it will gradually weaken, but we will hardly be able to achieve the usual state of saturated warehouses. "The expert is sure that the ruble exchange rate will have a serious impact on this process. If it falls again, we will have empty “car shelves”, similar to the empty grocery shelves in stores in March of 2020. In case of the stable situation with the ruble, it will be possible to fill in the stocks during the first quarter of 2021.