Dealers warned of rising car prices
Car prices may rise - official distributors will gradually raise prices in order not to lose market share, while professional resellers will rewrite price tags as early as early December. Andrey Olkhovsky, general director of Avtodom Group of Companies, told about it, "Rossiyskaya Gazeta" reports on November 29.
As Olkhovsky explained, re-sellers borrow funds to buy back cars from individuals and do it usually in dollars, while official companies and distributors work in the ruble zone and borrow in rubles. At the latter the prices will be kept for some period - depending on the filling of warehouses.
According to Evgeny Zhitnukhin, the head of dealer direction of Fresh automobile marketplace, if the dollar exchange rate remains at the current level (over 100 rubles), new cars may rise in price by at least 5% until the end of the year (maximum 15%).
However, Renat Tyukteev, deputy general director for new car sales at Avilon AG, believes that no significant changes in price lists are expected before the end of the year. Manufacturers are in no hurry to raise prices further in order not to stop sales.
November 29, Russian Minister of Economic Development Maxim Reshetnikov said that this week's fluctuations in the ruble exchange rate were due to one-time factors, including speculative nature. Fundamentally, the trade balance is strong: for the last two months its indicators are higher than they were in the summer. After the nervousness in the market stops, the exchange rate will return to its fundamental values.
On the eve of November 28, Evan Golovanov, an expert on finance and investment, founder of the financial club "Multiplier", told "Izvestia" that the national currency rate will stabilize in February next year. In his opinion, the dollar may trade around Br96-98 at the end of winter.
Переведено сервисом «Яндекс Переводчик»
