The government has increased subsidies to automakers

The government has increased subsidies to automakers


Increase the maximum size of subsidized costs will stabilize financial and economic situation in the Russian automotive industry.

MOSCOW, 5 Jan. The government has increased subsidies to Russian manufacturers of wheeled vehicles, according to the website of the Cabinet.

“Increased limits to the automakers subsidized the cost of the use of energy energy-intensive automotive industry, limits subsidized costs associated with the production and support of warranty in respect of wheeled vehicles that meet the standards of Euro-4 and Euro-5, and limit subsidized costs jobs, — reported in the explanatory note.

It is noted that the amendments are intended to stabilize the financial-economic situation in the Russian automotive industry by the end of 2015 and in 2016, reducing costs to the manufacturers in the content of jobs, reduce energy costs, to ensure the investment of savings in the implementation of energy efficiency programmes in enterprises, and to prevent in 2016 a significant growth of prices for manufactured cars.