Ruble Exchange Rate Fluctuations and High Recycling Fees Cause 24% Increase in Passenger Car Prices in Russia, Says Automotive Industry Consultant

Fluctuations in the ruble exchange rate and the high recycling fee rate caused a 24% increase in the price of passenger cars in Russia by the end of 2023. An independent consultant on the automotive industry, Sergei Burgazliev, spoke about this. “The reasons for the rise in price are obvious: serious fluctuations in the ruble … Continue reading Ruble Exchange Rate Fluctuations and High Recycling Fees Cause 24% Increase in Passenger Car Prices in Russia, Says Automotive Industry Consultant