The head of AvtoVAZ, Maxim Sokolov, explained the dramatic drop in sales of new cars in March and the first quarter of 2025.
Almost half a million stocks of cars of foreign brands imported in 2024, which leads to unprecedented unjustified dumping
Dealers, seeking to sell off excess inventory, began offering unprecedented discounts, which increased pressure on domestic manufacturers. Sokolov admitted that AvtoVAZ also has a significant number of unsold cars, but did not specify the exact number.
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