Automotive industry experts have stated that after the sharp strengthening of the ruble, changes in prices for new cars in Russia should not be expected.
Nikolai Ivanov, director of "Rolf" company, stated that due to the lengthy process of car delivery and production, immediate fluctuations in the exchange rate do not affect prices. According to him, price reductions can only be expected after a 10% drop in the exchange rate.
If the dollar exchange rate drops to 88 rubles and remains there for a quarter without increasing, then we may see changes in the cost of goods, and product prices may change.
Renat Tyukteev, Deputy General Director of AG Avilon, believes that price changes may occur in the medium term if the ruble stabilizes against the yuan. According to him, the dynamics of the euro exchange rate also quickly affect prices.
Evgeny Zhitnukhin, head of the Fresh automotive marketplace, emphasized that there is currently no basis for price reductions. He said that the cycle from production to sale of cars takes a long time. The expert explained that cars paid for last year are only now going on sale.
Prices are also affected by other factors, such as the recycling fee, shipping costs, and loans. Zhetnukhin added that the strengthening of the ruble may only temporarily slow down price growth, but will not lead to their reduction.
Read more on the topic:
Experts predict a sharp increase in car prices in Russia
