In early 2025, many dealerships in Russia may face bankruptcy. This was reported to journalists by Alexey Podshchekoldin, president of the Association "Russian Automobile Dealers" (ROAD).
We currently have about 4,000 dealerships operating. At the end of last year, 37% of dealers operated at a loss. And in 2024 — almost 60%
According to him, on average, a dealer sells about 100 cars per month, while they need to maintain stocks in warehouses, which requires significant financial investments. The average cost of a new car is 3.5 million rubles, which means that a dealer needs about 700 million rubles to purchase 200 cars.
Podshchekoldin added that these costs do not include the costs of spare parts and other expenses. Most dealers rely on loans, but with a margin of 1.5-2%, their profitability is significantly reduced due to rising interest rates.
The head of ROAD is confident that not all dealers will be able to withstand the changes caused by the increase in the recycling fee and the key rate of the Central Bank, as well as the fall of the ruble. He predicted that bankruptcies of both large and small dealers can be expected as early as March-April, emphasizing that "the situation in the market spares no one."
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