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Winding road: Experts in the car market do not bode well for ordinary car buyers

  • March 22, 2023
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The Russian car market has been in turmoil for a year now. Many brands that once formed entire trends in our country chose to leave. And the Chinese

Winding road: Experts in the car market do not bode well for ordinary car buyers

The Russian car market has been in turmoil for a year now. Many brands that once formed entire trends in our country chose to leave. And the Chinese are in no hurry to overwhelm our brother with affordable “iron horses”, although the market share of brands from China is steadily growing. But if they assess the current state of affairs quite soberly, then analysts are clearly confused in the testimonials, even if they talk about the near future. This “mess” of opinions was solved by the AvtoVzglyad portal.

According to statistics, the average price of a new vehicle increased by an average of 28.7% last year. But the real disposable income of the population fell. And now only 7-11% of Russians are ready to buy a new passenger car in 2023.

Therefore, some experts believe that car production will stagnate. At the same time, the share of Chinese brands will grow exponentially. According to some estimates, it will reach 60% by the end of this year. Although a number of auto experts cite more modest figures – no more than 40%.

For a more detailed assessment of the situation, the AvtoVzglyad portal turned to Sergey Burgazliev, an independent consultant in the automotive and transportation industry.

And our expert, based on statistical data, concludes that consumer demand for cars has remained at a fairly high level, and the Russians have some cash reserves. However, citizens’ interests have clearly shifted to the “beusheks”.

According to his forecasts, the country will be able to sell 630,000 new cars this year (the Ministry of Industry and Trade speaks of 960,000 units), while the number of transactions on the secondary market will reach several million. Although with used vehicles, not everything is simple with us.

And you can learn more about the problems and prospects of the domestic car market Here from our report of the “Intersectoral Automotive Congress”, which recently ended in Moscow.

According to statistics, the average price of a new vehicle increased by an average of 28.7% last year. But the real disposable income of the population fell. And now only 7-11% of Russians are ready to buy a new passenger car in 2023.

Therefore, some experts believe that car production will stagnate. At the same time, the share of Chinese brands will grow exponentially. According to some estimates, it will reach 60% by the end of this year. Although a number of auto experts cite more modest figures – no more than 40%.

For a more detailed assessment of the situation, the AvtoVzglyad portal turned to Sergey Burgazliev, an independent consultant in the automotive and transportation industry.

And our expert, based on statistical data, concludes that consumer demand for cars has remained at a fairly high level, and the Russians have some cash reserves. However, citizens’ interests have clearly shifted to the “beusheks”.

According to his forecasts, the country will be able to sell 630,000 new cars this year (the Ministry of Industry and Trade speaks of 960,000 units), while the number of transactions on the secondary market will reach several million. Although with used vehicles, not everything is simple with us.

And you can learn more about the problems and prospects of the domestic car market Here from our report of the “Intersectoral Automotive Congress”, which recently ended in Moscow.

Source: Avto Vzglyad

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