OREANDA-NEWS. The government will allocate an additional 4 billion rubles to support the car market before the end of the year, said the head of Industry and Trade, Denis Manturov. Among them it will be allocated additional 2.5 billion rubles for the parc renewal program, and for the extension of the program of preferential lease - 1.5 billion rubles. Preferential car loans do not require additional funds, said the minister.

According to the newspaper "Kommersant", since the beginning of the year the government allocated 2.5 billion rubles for car leasing, and then in the summer Ministry of Industry and Trade has asked another 1 billion rubles (funds are not received yet). Earlier, the Ministry of Industry sent letters to leasing companies by demanding to finish the accepting of applications as funds for the program are exhausted. According to sources in the banks and leasing companies, while the limit of funds at the request has not been exceeded, and when the program will be extended, the accepting of applications will be resumed. For eight months, according to the Ministry of Trade and Industry, it was sold 18.9 thousand cars by the program.

Funding for the program of parc renovation (discounts for the recycling of old cars or trade-in) was 15 billion rubles in January. The presumed for the third quarter 5 billion rubles of this amount were not distributed yet among automakers, confirmed in several companies. According to the Ministry of Industry and Trade, it was sold 228.7 thousand cars under the state program of parc renovation in January-August.