A major Russian machine builder gave an authoritative forecast

08.04.2022       

"I can tell you that the first quarter means nothing. Why? Because until February we had growth, March - there was a fall. We must change, first, and adapt to the situation through the change of logistics. Let's see what happens in the second quarter. It seems to me that the situation will change for the better. Therefore, today I would not give any pessimistic forecasts, ”said Denis Maturov, head of the Ministry of Industry and Trade. TASS
“Today, I must frankly say that there are company losses on every Aurus sold. Therefore, we will have to raise the price in order to, let's say, pass these scissors»,— minister warned. According to him, the increase in prices will allow the manufacturer to fulfill its import substitution plans and expand the range.
Denis Manturov also said that Russia is doing everything possible to ensure that AvtoVAZ produces the widest range of Lada cars in any scenario with the French Renault, which he previously reported on the suspension of activities in the Russian Federation. Russia-friendly countries are ready to supply the missing auto components for the production of AvtoVAZ, he noted.
new cars and light trucks in Russia fell by 63% in March. At the same time, new cars in the Russian Federation on average rose by 40% in March.