The Russian automotive market is currently experiencing a glut of unsold cars, with distributor warehouses holding a 4–7 month supply. Despite this oversupply relative to demand, prices for both domestic and foreign cars have surged, raising concerns about accessibility for the average consumer.

Experts suggest that the influx of Chinese car brands has significantly impacted the market, filling the void left by European, Japanese, and Korean manufacturers. These Chinese cars, including brands like Haval, Geely, Chery, and Exeed, are increasingly popular due to their competitive price-quality ratio, modern features, and design, particularly in regional areas.

The high-interest rates on car loans, driven by the Central Bank’s key interest rate, have contributed to a decline in demand. Consumers are also becoming more discerning, as rapid model updates make it difficult to keep up with the latest trends, further impacting purchasing decisions.

Challenges remain regarding the stability of supply channels and logistical complexities. Dealers relying on parallel imports from countries deemed “unfriendly” face potential disruptions, price increases, and supply contractions. Possible tightening of logistics conditions, especially through the EAEU countries and Asia, could also pose a risk.

However, experts reassure that a severe crisis in the car market is unlikely in the short term. The Russian market has adapted to the limited availability of Western brands, and the increasing presence of Chinese and Russian cars is expected to maintain stability. With a vehicle fleet boasting an average age of 13–15 years, the existing stock is considered sufficient for the near future, even without new imports.