In order to establish new production within the country in 2024, more than 350 billion rubles were invested in the auto industry, Interfax writes with reference to Prime Minister Mikhail Mishustin. First of all, the funds went to restart the plants left by the departed companies, he noted.
Investments allowed to launch 10 modern plants, including electric vehicles, Mishustin noted. The sites earned in Togliatti, Izhevsk, Moscow, St. Petersburg, Tula and Kaluga regions and in a number of other regions.
He also recalled the support of the interest of buyers: 43 billion rubles were allocated for preferential car loans and leasing last year. Good demand spurred production, the volume of which grew by almost a third – up to 830 thousand cars. True, these are not only cars, but also komtrans, buses and trucks.
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The support of cars from friendly camps was also supported, the Prime Minister concluded. Thanks to this, the Russian market took fourth place in Europe.
This year, however, car sales are falling from month to month. According to experts, indicators of the successful 2024, the market will not reach either 2025 or in 2026. A decrease in sales can be up to 19 percent, and by the end of the decade they will only come close to dopandemic values - about 2.25 million cars per year.
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