The Federation Council recommended to increase the preferential car loan program to 20 billion rubles
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The Federation Council Committee on Economic Policy recommended that the government consider increasing funding for the concessional lending program in 2023 to 20 billion rubles. This is stated in the recommendations of the committee following the results of parliamentary hearings on the development of the automotive industry, to which RIA Novosti refers.
In addition, the committee proposed to increase the preferential transport leasing program to 10 billion rubles, including “participation in electric vehicle programs.” The Committee recommended that the Russian Fund for Technological Development receive additional funding of up to RUB 300 billion. “for a comprehensive program to accelerate production of critical automotive components.”
From data The Association of European Businesses follows that in annual terms, sales of passenger cars and LCVs in Russia in February fell by 62.1%, to almost 41.9 thousand units. More than half of sales in February accounted for Lada. How informed the head of AvtoVAZ, the money for the preferential car loan program allocated in 2023 for gasoline cars has already been exhausted by the end of February. From March 1 AvtoVAZ decided raise the price of your cars by 2%.
More details – in the material “The car market fell by 62% in February”.
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