The Russian car market was predicted to fail after the production boom

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Russian automakers are threatening to collapse the market due to an increase in production volumes, experts interviewed by Rossiyskaya Gazeta concluded.

The publication says that the factories are currently “working hard” to eliminate the deficit and fulfill government orders, but next year demand may seriously fall, and additional orders from the state may not be.

Now, the newspaper writes, there is a rush of demand caused by the instability of the ruble exchange rate and the desire of Russians to buy their own car before a new rise in prices. But today analysts predict a 5-6% reduction in the market in 2021.

As for government purchases, many of them were made “for future use” to support domestic production during the crisis.

At the same time, it is indicated that the systemic measures of state support are still being extended for the next year. Most of the 17.5 billion rubles allocated will go to the preferential car loan program.

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