Car manufacturers are initiating their own utilisation programmes

Car manufacturers are initiating their own utilisation programmes

Vedomosti – The automobile utilisation programme, the commencing date of which was announced as 01 September by the Russian Ministry of Industry and Commerce, has not yet come into force, due to not being approved. Therefore, a number of car manufacturers have decided to start their own programmes, rather than waiting for the government. According to Vedomosti, the aforementioned companies are: AVTOVAZ, KAMAZ, GAZ, Sollers, PSA Peugeot Citroen and Ford Sollers.

The conditions of accession of the utilisation programmes of the companies are similar to the conditions of the programme announced by the government. The difference is rather on the validity periods. For example; the programme of AVTOVAZ will remain in force between 04 September – 15 December and KAMAZ between 08 September – 31 December.

According to data published by AEB, new car and light commercial vehicle sales have shrunk by 12% in Russia, during the January-August period. The August shrinkage rate is 25.8%, on the other hand.