Dealers predicted an increase in prices for passenger cars in Russia

Vice President and Executive Director of the specialized association “Russian Automobile Dealers” Vyacheslav Zhigalov said that prices for new passenger cars will continue to rise in Russia.

He clarified that in total for the current year, price growth is expected to be 30% in annual terms.

“Unfortunately, price increases are expected before the end of the year. Fluctuations in the ruble exchange rate and an increase in recycling fees have already led to higher prices for cars. Towards the end of the year, we can talk about an increase of up to 30%, starting in January,” Zhigalov noted.