Road predicts a reduction of the Russian car market in 2016 by 15-20%

Road predicts a reduction of the Russian car market in 2016 by 15-20%


According to Mazankova, current measures to support the market by the government is a big plus and it is equally important that they were taken from the beginning of the year.

MOSCOW, 28 Jan. Association “Russian automobile dealers” predicts a decrease of sales of new passenger and commercial vehicles in Russia by the end of 2016 by 15-20%, said at the annual press-conference road by the end of 2015 and tasks for 2016 in MIA “Russia today” President of the Association Vladimir Mozhenkov.

“We understand that 2016 will be difficult, according to experts of Road we understand that the decline in (sales of new cars — ed.) will be around 15-20%, depending on many important factors, namely: the cost of oil, the dollar and the Euro, it is the availability of the car loan, and how much it is going to fall or not to fall, the wages of our citizens. Also it will depend on the macroeconomic situation — will sanctions be lifted — will sanctions be lifted”, — said Merenkov.

According to the forecast of AEB, the Russian market of new passenger cars and light commercial vehicles in 2016 will be reduced by 4.7% compared with the results of the 2015 year to 1.53 million units. According to the expectations of the AEB, 2016 will be less turbulent, but there will remain the uncertainty related to oil price and exchange rate changes.

“We offer and will continue to offer leasing, to remove VAT. This is a very significant support to individuals who purchased the car. And, second, maternity capital (its use is to buy the machine — ed.) — very substantial support,” he continued.

According to Mazankova, current measures to support the market by the government is a big plus and it is equally important that they were taken from the beginning of the year. Speaking about his vision of the state dealer network this year, Mozhenkov noted that, according to the road derived in the formula, for every thousand of a decrease in sales of the cars out one dealer. According to the Association statistics, in 2015 the market has left about 700 dealerships.

The President also ROAD noted the downward trend of the spectrum of the models of cars in the Russian market. “For two years over a hundred models importers brought from Russia. Now it’s 300-something models of different brands represented on the Russian market, and with each output model selection is reduced. This is a disadvantage for us and for the client. The bottom we don’t feel it,” said Merenkov.