Automakers, which are already suspending shipments of cars to Russian dealers, are preparing to revise prices due to the devaluation of the ruble against the backdrop of an aggravated political situation.
According to Kommersant, prices will rise by about 20% in the near future, and this will affect a significant part of the market. A source in the industry said that the dollar exchange rate in case of war was pawned at 100 rubles per dollar. In addition, due to future sanctions restrictions, Western importers will have problems with logistics in the supply of machinery and components.
The situation is still difficult to predict, says Denis Migal, head of Fresh Auto. There will definitely not be price stability in the near future, and the question of availability remains open: how to replenish warehouses. There is unconfirmed information that banks will adjust rates on consumer and auto loans.
Head of Fresh Auto Denis Migal.
Earlier it was reported that Audi, Volkswagen, Skoda, Porsche and Jaguar Land Rover began to refuse to deliver cars to Russia.
Source: ixbt
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
