Who will Russia’s consumers buy from in the future? – Diepresse.com
A solution in the Ukraine War seems close, the lifting of sanctions is a matter of time, and Western companies are thinking about returning to Russia. Alone, some sectors are already occupied by Russians and Chinese. But some could be recaptured. Russian companies are already being restless – and consumers are noticeable in their behavior.
The Russian car dealers could drive out of the skin. They already iron the prices for new cars as far as possible. And what do consumers do who were eagerly increasing until recently? You don’t want to and don’t want to buy anymore. Well, the now high scraping fee ensures a damper. And the extremely high key interest rate of 21 percent makes consumer loans almost unaffordable. But that the sales of new cars and light commercial vehicles in the first quarter of the previous year by 26 percent to 254,069 pieces and 45 percent in March, as the statistics of the Association of European Businesses in Russia (AEB) indicate (in Russian Lada-Menter Avtovaz said it was « dramatic » 33 percent), another explanation.
And that was quickly found: