Sales of new passenger cars are expected to decrease in Russia
Car dealers in March predict a decline in sales of new passenger cars in Russia almost twice compared to last year.
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📝 Summary
Car dealers in March predict a decline in sales of new passenger cars in Russia almost twice compared to last year.
In March 2024, about 145,000 passenger cars were sold. In February this year, the figure was 78,000. March sales may be at the level of 70.2 thousand cars. “In recent months, we have had to talk about falling sales. As February shows minus 25%, and in March there will be a fall, - said the President of the Association "Russian car dealers" Alexey Podshchekoldin RIA Novosti. The reasons for the decline in the sales market, experts call the reduction of car loans, increased utilization fee and high prices for cars.
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