How the prices for Chinese cars will change – experts of the car market gave a forecast for the coming months.
Chinese brands are expected to account for about 60% of the market in 2023. The share of dealers selling cars from China on the Russian market has increased by 30% since the beginning of 2022.
This has led to the fact that now Chinese brands are competing with each other with might and main. But in the pursuit of quick profits, many of them are seriously raising prices – according to the Avtodom Group of Companies, the cost of various Chinese models in Russia increased by 30% to 75% over the past year.
*This material was created by a person who has the status of a foreign agent in the Russian Federation.
In the foreseeable future, according to the company’s specialists, car prices will increase by an average of 10% – the cost of a particular model will depend on the exchange rate and supply chains. But with subdued consumer demand in the coming months, Chinese brands will keep prices at the level of the end of 2022.
As a rule, Chinese crossovers rise in price – it was on this class that the main bet was made – but soon everything will change.
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Photo: Sergey Bulkin / NEWS.ru / TASS