150,000 automobiles have been sold since the turn of the year, assisted by government support programmes

150,000 automobiles have been sold since the turn of the year, assisted by government support programmes

RNS – Almost 150,000 automobiles have been sold in Russia from the beginning of the year till 29 March, within the frame of the demand stimulation programmes, as told by the Deputy Minister Alexander Morozov.

“Nearly 150,000 vehicles have been sold within the scope of the demand stimulation programmes, as of 29 March” – he said. According to Morozov, the result has exceeded last year’s figures.

The Ministry of Industry and Commerce plans to push the automobile sales up to 750,000 units by the end of the year, through government support programmes. An additional number of 90,720 cars are expected to be sold via newly designed programmes, generating 17.4 billion rubles.

First Car, Family Car, Russian Tractor and Russian Farmer are amongst the new programmes.

The government will spend 62.3 billion rubles on the support of automobile industry in 2017.

The ministry expects 7% growth in car sales in Russia in 2017.