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“Shoot yourself in the foot.” Experts appreciated Japan’s decision to ban the import of cars into the Russian Federation KXan 36 Daily News

Date: May 22, 2024 Time: 17:38:39

Thus, Evgeny Zhitnukhin, head of the Fresh auto market dealership, notes that the share of Japanese cars with a mileage of 2 liters and above is about 5% of imports. That is, most cars imported into Russia simply do not fall below the threshold value of the working volume of 1.9 liters.

“Lately, it has been more interesting to import from Japan or minicars with a 0.7-liter engine, minibuses and minivans. In this segment, the most popular engines are 1.5-1.6-liter turbocharged engines.

The Far East market will mainly suffer from the sanctions. Significant price increases can be expected, for example, for Subaru cars with displacements of 2.0 and 2.4 liters, sports cars and large SUVs. At the same time, it is worth noting that buyers prefer left-hand drive cars, which can still be imported from the UAE and other accessible countries as part of parallel imports,” says Zhitnukhin.

After the introduction of restrictions on the supply of cars from Japan, the Far Eastern and Siberian markets are gradually reorienting to cars with internal combustion engines up to 1.9 liters or will offer cars from China more often, the expert notes.

“The measures taken by the Japanese government can be called “shooting yourself in the foot”, since about 20,000 used cars are imported into Russia from Japan every month. In general, deliveries to the Russian Federation from Japan do not they will disappear, only the logistics chains within the framework of parallel imports will be more complicated. This will lead to an increase in prices by an average of 10-20%,” he adds.

Vladimir Zhelobov, director of sales of used cars at Avtodom Group of Companies and AvtoSpetsCentre Group of Companies, believes that Japan’s ban on importing used cars into Russia will not affect the general situation in the automotive market, since the goods will be previously imported through third countries. .

“In particular, now the delivery of cars from Japan goes through the transit zone – China, and then to Russia. That is, the general scheme has not changed, so such innovations will not have an impact.”

The main factors affecting the cost of cars and components are the exchange rate and innovations in the disposal fee,” Zhelobov notes.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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