The market of new cars in Russia by the end of the year may be reduced by 70%

According to the forecasts of the dealer company "Rolf", this year the market for new cars may decline by

Russia by 70%.According to the results of sales for the first 7 months of the year, the reduction of the market has already amounted to 60.5%. It is expected that the low level of new car sales will continue next year. In the near future, cars familiar to Russians may be replaced by new brands from China, India, Iran and other countries. In July this year, 32,412 new cars were sold in Russia, this figure, according to the Association of European Businesses (AEB), was 74.9% lower than in July last year. At the same time, it is noted that the situation with the availability of new cars continues to deteriorate due to uncertainty in supply chains and logistics. Dealers are waiting for changes in the legislation, which will help to import new cars from the territory of Kazakhstan. Options for deliveries from Turkey, China, South Korea, India and Iran are also being worked out.