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Russia will spend more than 45 billion rubles to support demand for domestic cars

Minister of Industry and Trade Denis Manturov said that the department is ready to support demand for domestic cars in 2023-2025.

Of course, we plan to continue to stimulate demand for cars made in Russia. Almost 21 billion rubles are provided for the implementation of programs (preferential car loans, car leasing, and others) in 2022, more than 75 thousand cars are planned to be sold at the expense of these funds. Funds are also provided for subsequent periods.

Denis Manturov

 

Next year, 9.8 billion rubles will be allocated for these purposes next year, and another 17 and 19 billion rubles will be spent in 2024 and 2025. Denis Manturov added that this is fixed in the draft budget for 2023.
This money will stimulate the sale of about 190,000 more cars.
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