The head of the Ministry of Industry and Trade of the Russian Federation, Denis Manturov, said that the situation with car prices in Russia is gradually stabilizing, and during the year the price tags will gradually decrease.
Now the price, on the contrary, is stabilizing, it has not decreased significantly, because there is inertia regarding the purchased materials, raw materials and components.
He recalled that the production cycle of cars takes about 3-4 months, and now “what was purchased in January, February and March” is entering the market.
If we recall the rate that was in February and compare it with today’s, it differs significantly, by a factor of two. Therefore, in order not to incur losses, companies will smoothly “stretch” the price change over the year, taking into account the gradual recovery of the market.