... From Tereshkin’s perspective, the market needs new solutions that extend beyond export bans or reconsideration of the damping payment rules (compensations from the budget to oil companies for supplying fuel to the domestic market at prices lower than exports). Companies and regulators find themselves in a closed loop. On one hand, this ensures predictability, as companies clearly understand the boundaries of allowed actions. On the other hand, it distances the resolution of the price growth problem, which car owners face regardless of oil prices, inflation dynamics, or the automotive market situation. As Gusev notes, it is not entirely clear why gasoline is expected to lag behind the inflation growth rate in the country. As a result of the Central Bank's ...

... innovations can be implemented without significant costs if approached rationally. Impact on the Global Automotive Market The Chinese automotive industry is already beginning to reshape the balance of power in the global market. Electric Vehicles. China is exporting electric vehicles to Europe, where their market share is rapidly increasing. Partnerships. Many international automakers are collaborating with Chinese companies to implement their technologies. Pricing. The affordable prices of Chinese cars are forcing other brands to seek ways to reduce costs. What Investors Should Focus On For investors, the growth of the Chinese automotive industry opens new opportunities: Investments in EV companies. Firms like BYD and NIO are showing steady growth ...

... large new tariffs. Earlier in the week, the US also concluded a separate trade deal with Japan, avoiding tariffs on Japanese cars. Now, European businesses hope for a similar compromise for the EU: uncertainty surrounding potential tariffs significantly ... ... slower than the pace at the beginning of the year. The cooling is attributed to cautious behavior from Chinese consumers and weak export demand. Statistics indicate a decline in retail sales and investment activity—a sign that the post-pandemic recovery ...

... the seasonal increase in fuel demand and the recovery of the automotive market. According to Avtostat, sales of new passenger cars in Russia rose by 79% in the first half of 2024 compared to the same period in 2023, reaching 719,300 units—approaching ... ... pre-crisis levels of the first half of 2021 (793,400 units). Another factor driving price increases is the resumption of gasoline exports, which became effective on May 17. According to S&P Global Platts, Russia's maritime gasoline exports rose from 99,000 ...

... ruble loses its value, imported goods become more expensive. This means that Russians spend more on foreign-made goods, such as cars, electronics, medicines, and even some food products. Higher cost of living for citizens: Devaluation leads to higher prices ... ... increases inflation. As a result, the purchasing power of Russians decreases, and life becomes more expensive. Benefits for exporters: Companies that sell their goods and services abroad receive income in foreign currency. When the ruble weakens, they ...