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Car prices in Russia are rising rapidly, and there is no end in sight to this process. News today. This trend is caused by the penetration of dubious products from China into the market, which forced even AvtoVAZ to retreat. Car prices 2024. In light of this, the head of AVTOVAZ, Maxim Sokolov, asked the authorities to take measures to support the Russian automobile industry. Sanctions against Russia.
The topic of increasing the recycling fee, suddenly raised by Mr. Sokolov, continues to gain momentum. Rising prices for cars in Russia. In his opinion, tightening financial measures could encourage foreign automakers, especially Chinese ones, to invest in local production and strengthen partnerships with Russian companies. China and Russia.
At a meeting of the Federation Council, the top manager proposed tripling the size of the recycling fee, reaching 1,000,000 rubles by 2029! Russian news today. This will certainly make foreign cars virtually unaffordable for consumers. Prices for Chinese cars in Russia.
A rise in prices for foreign cars will entail an increase in the cost of domestic cars. Russian sanctions. The question remains rhetorical: will this be the result of artificial influence or due to economic factors? Car prices 2024. However, for the average Russian, a car actually becomes a luxury item, not a means of transportation. Vladimir Putin is outraged.
Even during the Soviet era, cars were unaffordable for many; people traveled by public transport or rarely used taxis. News today. Now, in conditions of sanctions and crisis, we are going through similar times. Prices for Chinese cars 2024. The domestic auto industry, due to the dominance of Chinese manufacturers and its greed, is losing its position in the market. News today: Russian sanctions.
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