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“Rising Car Prices in Russia Due to Market Supply Shortages, Not Exchange Rates”

At the same time, a number of brands left their price lists unchanged: for example, Moskvich-3 still starts from 1.97 million rubles.

Anton Shaparin, vice-president of the National Automobile Union, believes that the strengthening exchange rates are not the main factor pushing prices.

– Everything is extremely simple: in a market where there is a shortage of supplies, there is always a rise in prices, – he is convinced. – This is the supplier’s market. Until the shortage is overcome, car prices will rise at a steady pace. The influence of exchange rates fades into the background, because the prices for Chinese cars are premium, they are very expensive. And the rise in prices will continue until our market is cut off from the world by customs duties of 48%.

2023-05-07 02:32:03
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