The Ministry of Industry and Trade will increase funding for preferential leasing of cars by 7.8 billion rubles

The Ministry of Industry and Trade of Russia will increase funding for the preferential car leasing program by 7.8 billion rubles. in 2023, said the Minister of Industry and Trade Denis Manturov, writes TASS.

“From tomorrow, we are resuming the car leasing program, adding an additional 7.8 billion rubles. by the end of the year by two [млрд руб.]that were originally,” the minister said at the launch ceremony of the car factory Sollers Argo in Ulyanovsk.

Manturov added that by the end of the year it is planned to sell about 15,000 cars and specified that the previously allocated 2 billion rubles. have already been used up.

The program of preferential leasing was resumed in July 2022. Then it was reported that the budget would amount to 20.7 billion rubles, and all models of LADA, GAZ and UAZ worth up to 2 million rubles, as well as Evolute electric cars. The program has been extended to 2023.

On March 25 this year, the Federation Council Committee on Economic Policy offered the Cabinet of Ministers to consider increasing the amount of funding for the state program of preferential car loans in 2023 to 20 billion rubles, RIA Novosti wrote.