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Car dealers asked to return soft loans for cars

Car dealers asked to return soft loans for cars
Photo: pixabay.com

Concessional loans for all Russians and a recycling program can save the car market from falling, car dealers said. According to them, a decline in sales caused a pandemic of the coronavirus in the world.

As the TASS, the Russian car market has not recovered after the last crisis, when about 1,2 thousand dealerships went bankrupt and about 100 thousand people lost their jobs. To avoid a repetition of the past situation, representatives of the Association of car dealers sent a letter to the Ministry of Industry and Trade with their proposals for supporting the industry. 

One of the main proposals concerns the introduction of preferential car loans for all categories of Russians. Car dealers believe that this will help maintain the sales of preferential cars at the right level. Also, experts proposed to return the recycling program for commercial vehicles and increase the volume of leasing of vehicles.

From the Ministry of Industry and Trade предложения to expand preferential programs for large families. It was proposed to increase the cost of the car available for purchase under the program, as well as extend the effect of the preferential product to electric cars. 

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