"Avtostat" reports a drop in prices for Chinese cars in Russia

In Russia, there is a tendency to reduce prices for cars of Chinese brands, according to the agency "Avtostat".

Alexander Kovalev, head of the press service of Expocar Group, explains that the end of the year is traditionally associated with the expectation of consumers to receive additional discounts or bonuses from dealers. In response to these expectations, many automakers reduce prices in advance, creating more attractive conditions for purchase.

In addition, as Kovalev points out, prices are being adjusted downward while direct discounts are being reduced or completely eliminated. This leads to the fact that the final cost of the car for the buyer practically does not change.

According to the expert, after the New Year there will be no significant increase in car prices. This is due to the stable ruble exchange rate and high competition in the car market.

Earlier it was reported that Chinese automakers plan to sell about 1, 2 million new passenger cars in the Russian market in 2024. This information is based on a survey of distributors and dealers of Chinese brands, as well as on data from the automakers' headquarters in China.