... the Russian Auto Market For Buyers Benefits: The secondary market offers attractive prices for used Chinese cars with minimal mileage and modern features. Risks: A lack of confidence in reliability and prospects for future use. For Owners of Chinese Cars A significant depreciation becomes an important factor when choosing a brand and model. Owners may face challenges when selling their cars, especially in regions with low demand for Chinese brands. For Manufacturers To improve residual values, automakers must focus ...

... the increased cost of borrowing leads to a decline in the number of transactions. Fluctuations in the ruble exchange rate. The depreciation of the ruble against foreign currencies increases the cost of imported components. In the automotive industry, where ... ... growth of the population's income has been weak, and amid inflation, consumers are approaching large purchases more cautiously. A car is a significant expense, and people tend to postpone such expenditures. Impact on the Russian Economy 1. Decreased Demand ...