In Russia, the price of car repairs could soar to 10 times because the country introduced a ban on the use in the repair of used or remanufactured parts.
This measure may lead to an increase in prices for repair services, car repair, according to PRIME.
moreover, about 5 thousand “avtorazborka” across the country will take a “shadow” or close. Of these risks one HUNDRED representatives said at a recent meeting with officials from the Ministry of industry and trade.
Earlier this week it became known that the number of dealer centers in Russia decreased in January—June of this year was 230, and in the case of the deterioration of the situation, the negative trend may continue. “The reduction in the first half amounted to 230 dealers. Now the dealer network has 3152 dealerships”, — told RIA “news” in a press-service of the Association “Russian automobile dealers” (road).
in this road, expect a “continuation of reductions in case of deterioration of the economic situation and the possible recurrence of the period of limitations due to the pandemic.”
Recall also that the production of passenger cars in Russia decreased in January—June 2020 34.9% yoy to 510 thousand units. In the June issue of passenger cars fell by 24.1% yoy, but jumped 2 times from the previous year.
sales of new cars and light commercial (LCV) cars in Russia fell in June 2020 14.6% yoy (after the collapse of 51.8% in may and 72,4% in April) to 122,622 thousand units. For the first 6 months of this year in Russia were sold 635,959 thousand cars and LCV (minus 23.3% in annual terms), it follows from the estimates of the Committee automakers Association of European businesses.
In late February, the international rating Agency Investors Service Moody’s did not rule out a decline in sales of cars in Russia in the current year by 4%, “amid continuedsegosa slow economic growth and lack of government stimulus”.
And at the end of April experts of the consulting company PwC did not rule out that the sales of new passenger cars in Russia by the end of this year may have fallen by 30% over the previous year to 1,142 million cars. In this scenario without taking into account stress factors for 2020 implies a decline of only 3.7% to 1.57 million vehicles.