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Experts question the competence of the Ministry of Industry and Commerce and the upcoming growth of the car market

  • March 31, 2023
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Recently, the Ministry of Industry and Trade and business representatives affiliated with the authorities have announced upcoming changes in the Russian car market. It is reported that by

Experts question the competence of the Ministry of Industry and Commerce and the upcoming growth of the car market

Recently, the Ministry of Industry and Trade and business representatives affiliated with the authorities have announced upcoming changes in the Russian car market. It is reported that by the end of the year, almost 1,000,000 units of four-wheeled vehicles will be sold in the country, and in a few years we will start selling 1.7 million vehicles at a time. However, consulting and auditing experts question such statements.

So, according to the forecasts of the former Russian division of the renowned international company PwC, now renamed the company “Trust Technologies”, about 670,000 cars will be sold in the country in 2023. And with the best event development – no more than 800,000 units.

The share of domestic brands is expected to increase to 45%, mainly due to the emergence of new Evolyuts, Moskvichs and LADA. By the way, the Volzhans are preparing with all their might to restart the St. Petersburg plant, which once belonged to Nissan, where the assembly of previously unknown models will begin. Albeit with the participation of freshly minted Chinese partners. By the way, very soon Asians will occupy most of the car market in the country. As they say, a matter of time.

According to analysts, car sales in Russia will be able to reach an annual volume of 1.5 million units only by 2027. However, that does not prevent the Ministry of Industry and Commerce from screwing dubious information into the ears of consumers.

So, according to the forecasts of the former Russian division of the renowned international company PwC, now renamed the company “Trust Technologies”, about 670,000 cars will be sold in the country in 2023. And with the best event development – no more than 800,000 units.

The share of domestic brands is expected to increase to 45%, mainly due to the emergence of new Evolyuts, Moskvichs and LADA. By the way, the Volzhans are preparing with all their might to restart the St. Petersburg plant, which once belonged to Nissan, where the assembly of previously unknown models will begin. Albeit with the participation of freshly minted Chinese partners. By the way, very soon Asians will occupy most of the car market in the country. As they say, a matter of time.

According to analysts, car sales in Russia will be able to reach an annual volume of 1.5 million units only by 2027. However, that does not prevent the Ministry of Industry and Commerce from screwing dubious information into the ears of consumers.

Source: Avto Vzglyad

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