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During the New Year holidays, Russians bought new cars

  • January 10, 2024
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At the beginning of 2024, demand for new cars in Russia persisted, so that dealers expect a sales increase of up to 77% compared to 2023 at the

During the New Year holidays, Russians bought new cars

At the beginning of 2024, demand for new cars in Russia persisted, so that dealers expect a sales increase of up to 77% compared to 2023 at the end of January – although the first month of the year is traditionally considered the worst. Traffic in car dealerships grew, despite the abnormal frost.

As Kommersant reports, prices for passenger cars have not increased since January 1, contrary to the trend known to Russian customers. Until 2022, foreign brands always updated their price lists, which contributed to the stormy demand for the remains of “last year’s” cars. When these brands left the domestic market, this practice disappeared, but buyers have already become accustomed to it, which fuels interest in buying a car, says Sergei Udalov from the Avtostat agency.

Avilon noted that showroom traffic and phone calls were at traditional levels, and even higher for electric vehicles as their popularity grows. Rolf assessed purchasing activity as “30% higher than the same period last year.”

Autostat believes that sales in January will reach a level of about 70-80,000 cars (45,200 passenger cars were sold in January 2023), and “the upward trend in prices will continue against the background of objective factors.”

As Kommersant reports, prices for passenger cars have not increased since January 1, contrary to the trend known to Russian customers. Until 2022, foreign brands always updated their price lists, which contributed to the stormy demand for the remains of “last year’s” cars. When these brands left the domestic market, this practice disappeared, but buyers have already become accustomed to it, which fuels interest in buying a car, says Sergei Udalov from the Avtostat agency.

Avilon noted that showroom traffic and phone calls were at traditional levels, and even higher for electric vehicles as their popularity grows. Rolf assessed purchasing activity as “30% higher than the same period last year.”

Autostat believes that sales in January will reach a level of about 70-80,000 cars (45,200 passenger cars were sold in January 2023), and “the upward trend in prices will continue against the background of objective factors.”

Source: Avto Vzglyad

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