In Russia, cars are about to rise sharply
- April 4, 2023
- 0
Since the beginning of last spring, the Russians have more or less resigned themselves to the cosmic number of zeros in the price lists of car dealers. But
Since the beginning of last spring, the Russians have more or less resigned themselves to the cosmic number of zeros in the price lists of car dealers. But it seems that now they have to get used to it again after another increase in prices for cars and spare parts. The AvtoVzglyad portal found out why another price increase is inevitable.
We can say that the car market is witnessing a repeat of last spring’s history. The only difference is that it has become much more “Chinese” and cars have entered the country through parallel imports, but also using “grey” schemes. Well, used vehicles from abroad were offered much more. And the new “Europeans”, “Japanese” and “Koreans” in Russia are now suitable to award the title “endangered species”.
But that’s not the most important thing in the current situation. The fundamental coincidence with the previous year is associated with the exchange rate of the Russian currency. The exchange rate of the dollar is now close to 80 rubles, the euro – 88, and the yuan is about to cross the level of 12 ₽. Such exchange rates mean that anything bought abroad by importing companies will rise in price. This also applies to machines and parts.
Including car parts that go to AVTOVAZ and UAZ assembly lines. Therefore, do not be surprised if you soon learn about another price increase for LADA, and not only for the “Chinese” and “Iranians” imported into the country. Why this happens is generally clear. Russian oil and gas fell in price in the face of falling world hydrocarbon prices and “thanks” to the sanctions activities of Western countries.
As a result, less and less foreign currency is exported to our country. But at the same time, domestic logistics and importers are establishing new channels to supply anything and everything from abroad to the Russian market. They are bought “there” for dollars and euros bought in Russia for rubles. That is, the inflow of currency into Russia is decreasing, while the outflow from the country, on the contrary, is increasing.
These two “pipes” can be balanced either by a fall in the exchange rate of the ruble or by a strong injection of dollars-euro from the reserves of the Central Bank of Russia to the stock market. But the last hope. Because the half-dead ruble is very profitable for both the Russian authorities and the largest industrial exporters. After all, with a weak ruble, even if income does not grow in currency terms, profits in ruble terms rise! And it’s okay that Russian banknotes at the same time imperceptibly turn into useless “candy wrappers”.
The main thing is that exporting companies receive more ruble profits, and the authorities have the opportunity to report on the successful filling of the budget. As a result, the ordinary Russian is deprived of the opportunity to buy something imported. But who cares: let him rejoice that he managed to save money for LADA Granta, and do not stare at the crazy price tags in car dealerships of Chinese car brands!
globallookpress.com’s photo
We can say that the car market is witnessing a repeat of last spring’s history. The only difference is that it has become much more “Chinese” and cars have entered the country through parallel imports, but also using “grey” schemes. Well, used vehicles from abroad were offered much more. And the new “Europeans”, “Japanese” and “Koreans” in Russia are now suitable to award the title “endangered species”.
But that’s not the most important thing in the current situation. The fundamental coincidence with the previous year is associated with the exchange rate of the Russian currency. The exchange rate of the dollar is now close to 80 rubles, the euro – 88, and the yuan is about to cross the level of 12 ₽. Such exchange rates mean that anything bought abroad by importing companies will rise in price. This also applies to machines and parts.
Including car parts that go to AVTOVAZ and UAZ assembly lines. Therefore, do not be surprised if you soon learn about another price increase for LADA, and not only for the “Chinese” and “Iranians” imported into the country. Why this happens is generally clear. Russian oil and gas fell in price in the face of falling world hydrocarbon prices and “thanks” to the sanctions activities of Western countries.
As a result, less and less foreign currency is exported to our country. But at the same time, domestic logistics and importers are establishing new channels to supply anything and everything from abroad to the Russian market. They are bought “there” for dollars and euros bought in Russia for rubles. That is, the inflow of currency into Russia is decreasing, while the outflow from the country, on the contrary, is increasing.
These two “pipes” can be balanced either by a fall in the exchange rate of the ruble or by a strong injection of dollars-euro from the reserves of the Central Bank of Russia to the stock market. But the last hope. Because the half-dead ruble is very profitable for both the Russian authorities and the largest industrial exporters. After all, with a weak ruble, even if income does not grow in currency terms, profits in ruble terms rise! And it’s okay that Russian banknotes at the same time imperceptibly turn into useless “candy wrappers”.
The main thing is that exporting companies receive more ruble profits, and the authorities have the opportunity to report on the successful filling of the budget. As a result, the ordinary Russian is deprived of the opportunity to buy something imported. But who cares: let him rejoice that he managed to save money for LADA Granta, and do not stare at the crazy price tags in car dealerships of Chinese car brands!
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
