Secondly, so far only one Haval has its own production in Russia. Thirdly, given the successful efforts of the financial and economic bloc, which sleeps and dreams about how to discourage the Russian population from purchasing passenger cars, one can hardly hope for a reduction in the cost of loans or an alleviation of tax and custom printing. for importers.
Fourth, as a result of all the above, the market has already stopped growing. According to Ilya Titov, an expert of the Russian-Chinese Committee for Friendship, Peace and Development, director of the Orekhovo-AutoCenter Group of Companies, which he shared with RT, sales of Chinese cars at Russian dealers have fallen by 60% since October . .
It is unlikely that a price reduction, which in itself could support the expansionist plans of the Chinese, is expected from the Central Bank, the Ministry of Finance and the Ministry of Industry and Trade – at least in the near future. On the contrary, financial experts unanimously predict a further tightening of fiscal policy. Consequently, Chinese cars will certainly not become ‘budget cars’. What significant sales growth can we talk about in such circumstances? Therefore, with its plans to produce 500,000 cars by 2024, AVTOVAZ has nothing to worry about.