Russian Ministry of Industry and Commerce predicts 1.5% growth in automotive in 2015

Russian Ministry of Industry and Commerce predicts 1.5% growth in automotive in 2015

TASS. – Russian minister of Industry and Commerce Denis Manturov has stated that the country’s automotive sector is predicted to grow by 1.5% next year. According to the minister’s most optimistic prediction for this year, 2013 figures will be kept with the help of the utilisation programme.

Manturov has added that there are ongoing negotiations about increasing the finances allocated for the utilisation programme and a final decision will have been taken on the subject by the end of November. As of today, 115,000 vehicles have been sold within the frame of the programme.

The minister has stated that limitations will be brought to the usage periods of commercial vehicles in order to support the automotive sector, transport tax will be replaced by environmental tax and purchase of gas engine vehicles will be promoted.