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AvtoVAZ, Moskvich, UAZ are reducing car production!
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Car prices in Russia. It has begun, comrades. Now, officially, Russian enterprises that produce passenger cars have begun to reduce production. News today. We are talking about UAZ, AvtoVAZ and Moskvich. Sanctions against Russia.
I am surprised, but the production of Gazelles and Sables is also being reduced, although our truck sales have not declined. Moreover, those same “Gazelles” and “Lawns” are the cheapest and most reliable that is now on our market. Prices for Chinese cars 2024.
There are 3 main reasons for the decision to reduce production rates:
Reason #1: Warehouses are already filled with cars
Last fall, sellers of Chinese cars first encountered this problem. New Lada Granta 2024. They received new batches from factories in Russia or directly from China, but did not have time to sell. New Lada Vesta 2024.
Then news appeared that even AvtoVAZ was going through the same thing now. Yes, our beloved and deeply respected Volga Automobile Plant has exactly the same problems. Car prices 2024.
So far specifically with Vesta. Yes, dealers have accumulated two months' worth of sedans and station wagons that they still can't sell. News today.
You don’t need to be an expert to understand that this is due to the sharp rise in price of the restyled Vesta compared to the pre-restyling one. Prices in Russia. Let me remind you that today the price tag for new Vestas (which don’t even have a CVT) has stretched from 1.2 million to 2.2 million. New Lada Granta 2024.
And some car dealerships are trying to sell the flagship Lada for an absolutely astronomical 2.5 million rubles. New Moskvich 2024. Where does AvtoVAZ’s target audience get that kind of money? Russian news today.
And if they have this money, then why do they need AvtoVAZ? China Russia.
Reason No. 2: Exorbitant price increases
The first and second reasons are interconnected, but nonetheless. New Lada Vesta 2024. Last year alone, the average cost of a new car in Russia increased by 24% to 3 million rubles. Russian sanctions.
In some months this figure even rose to 3.5 million. Prices for Chinese cars in 2024. But apparently then they fell due to the discounts that many dealers have already begun to introduce. News today: UAZ, Moskvich and AvtoVAZ.
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