Figure of the day: the availability of cars in the country has fallen 10 times since 2013

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Figure of the day: the availability of cars in the country has fallen 10 times since 2013
Figure of the day: the availability of cars in the country has fallen 10 times since 2013
15 July, 14:17EconomyPhoto: Соцсети
Experts state that the Russian automotive market is disappearing before our eyes, predicting a continuation of the fall.

Impressive figures showing what the Russian automotive market is like today are cited by the online publication AutoBusinessReview . The availability of cars in our country fell by half in 2014, and since then it has hardly recovered. Today, this figure is already 10 times lower than the level of 2013.

Meanwhile, back in April of this year, Kommersant , citing Russian car dealers, reported that the average price for new cars on the Russian market increased by 40% in just one month of March.

As economist Dmitry Zakotyansky notes : “There is, in fact, no more car market in the country. And this is, in a way, a proxy variable for the consumption of goods in the global and modern economy. This, after all, was once almost 3 million people a year who bought cars. Almost 2 times less in 2021. 39 thousand in April, 24 thousand in May (according to other estimates, 27) ... "

Photo:Bloomberg

Despite the fact that according to Bloomberg , in June these figures "stabilized" at the level of 30-32 thousand, the expert is sure that they "will still fall when the warehouses are exhausted, even now something left from the warehouses is being sold. And there were millions of people who, after all, once "could" ... "

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