– Prices for cars in Russia continue to stabilize after a jump this spring, now the cost reduction for some brands reaches 18%, – said the official on the broadcast of the Rossiya-24 TV channel.

According to Mr. Manturov, his department recorded a 3-50% increase in car prices in Russia in March 2022. But now, he is sure, they are decreasing.

– Prices for cars continue to stabilize, especially for passenger cars, – explained the Deputy Prime Minister.

But what really happens? Recently, representatives of car dealership associations have repeatedly reported that in Russia the warehouse stocks of foreign cars are already almost completely sold out. And newcomers are represented only by models from China. The supply of expensive cars is inexorably reduced. An increasing share of the market consists of relatively cheap products from the domestic car industry. This process, of course, is reflected in industry statistics, which show the drop in the “hospital average temperature.”

– Prices for cars in Russia continue to stabilize after a jump this spring, now the cost reduction for some brands reaches 18%, – said the official on the broadcast of the Rossiya-24 TV channel.

According to Mr. Manturov, his department recorded a 3-50% increase in car prices in Russia in March 2022. But now, he is sure, they are decreasing.

– Prices for cars continue to stabilize, especially for passenger cars, – explained the Deputy Prime Minister.

But what really happens? Recently, representatives of car dealership associations have repeatedly reported that in Russia the warehouse stocks of foreign cars are already almost completely sold out. And newcomers are represented only by models from China. The supply of expensive cars is inexorably reduced. An increasing share of the market consists of relatively cheap products from the domestic car industry. This process is, of course, reflected in the industry statistics figures, which show the drop in the “hospital average temperature”.