OREANDA-NEWS  According to the results of the first nine months of the year, the stock of unsold Chinese brand cars in the warehouses of Russian dealers reached 175 thousand. Sergey Udalov, Executive director of the Avtostat agency, told about this at a conference of the Avtoboss consulting company dedicated to the Chinese automotive industry, RBC reports.

According to him, 406.5 thousand Chinese cars were sold during the specified period, while 428.5 thousand were imported, and 153.4 thousand were assembled at car factories inside the country (Haval, Avtotor). The indicators increased 4.8 times, 3.8 times and 6.6 times, respectively.

Udalov recalled that in 2022 the opposite picture was observed, that is, there were not enough car stocks, and now manufacturers will have to compete for a buyer. At the same time, the agency's specialists believe that the current sales level of 110 thousand cars per month will not be maintained in the near future.

The situation is affected by a decrease in the number of loans issued, which is associated with an increase in the key rate, as well as an increase in the recycling fee, which will lead to a new increase in prices. The expert suggested that in December the indicators will traditionally be good, but further, at least in January and February, sales will go down.

Despite the increase in stocks in warehouses, Autostat does not expect prices to decrease. In September-October, the average cost of cars reached three million rubles, while the Russian one will cost 1.2 million, and the Chinese one 3.4 million. The specifics of the car market remain an almost empty segment of cars priced from one million to 2.5 million rubles.