OREANDA-NEWS. Automakers at the end of November may receive compensation from the state for discounts under the state program utilization, which slowed down sales decline in September-October car.

As the head of Ministry of Industry and Trade, Denis Manturov, explained the newspaper "Kommersant", 10 billion Rubles will be allocated from the budget crisis fund to accelerate payments. Car plants still gave recycling discounts from own funds and with no guarantee of a quick refund. Experts say that in a situation when it is more and more difficult to get loans, and rates them grow, the company ventured to face liquidity problems.

Ministry of Industry and Trade explained that compensation will be provided through grants. First, it will come as the disposal of the government on the allocation of 10 billion Rubles from crisis fund, and then the Ministry of Industry will issue its decree on the allocation of money between producers depending on their sales within the state program.

The state program of parc renovation was launched in September to support the Russian car market, which is falling about 1.5 years. It involved 17 automakers, within the program until the end of the year it is planned to sell 170 thousand cars. Sources told that it was accounted approximately 2 billion Rubles on each of the four major Russian players from this amount (AvtoVAZ, "Sollers", "GAZ Group", and KAMAZ). Under the program, you can get a discount by passing car for a scrap or buying a new car by scheme trade-in. The size of the discount depends on the type of car: for passenger cars - 40-50 thousand rubles, for heavy trucks and buses - 300-350 thousand. The program has stimulated the market: in August, according to the Association of European Businesses, sales of passenger cars and LCV in Russia fell by 25.8% to 172 thousand units, in October sales were down only by 9.9%, to 211.4 thousand units.

According to the Ministry of Industry and Trade, now within the program it was sold about 115 thousand cars. At the same time, Mr. Manturov noted that "there is a possibility of the decision taken to extend the program of parc renovation in 2015. Now the Ministry conducts consultations on this matter with the car plants. "Understanding on the issue of prolongation will be at the end of November, by this time we will know finally how fast it develops," - concluded the Minister. Sources noted that "the final decision on compensation of discounts provides an important safeguard for further participation in the program and the likelihood of its renewal for the next year will be higher."

According to estimates of the managing partner of EU Russia Partners, Ivan Bonchev, based on the volume of sales under the program as of November 2nd, 2 billion Rubles were exhausted only at AvtoVAZ (it was sold 40,000 cars). KAMAZ can count on the compensation of 1.5 billion Rubles (it was sold 4.2 thousand cars). Sales of "Sollers" were 14.8 thousand cars, its compensation could reach 743 million Rubles, "GAZ Group" (5.8 thousand cars) claims for 694.2 million Rubles. Volkswagen, which is following the AvtoVAZ by sales (8.7 thousand vehicles), should receive about 433.4 million Rubles, and Kia Motors Rus (8,3 thousand cars) - 416.6 million Rubles. In general, according to the calculations of Mr. Bonchev, car market took within the program 6.5 billion Rubles.