Government plans to reduce the support for the automotive industry

Government plans to reduce the support for the automotive industry


 

RusAutoNewsCom.- As announced by the Analytical Center for the Government of the Russian Federation, the Russian Government plans to reduce the support for the automotive industry.

“Low automotive sales in early 2019 can be put down to the fact that throughout last year the state and automakers alike encouraged people not to put off buying new cars,” said Analytical Center expert Grigori Mikrukov, speaking at the forum “TIAF supported by Automechanika” in Kazan.

The expert believes that this year the state support is no longer going to play a decisive role. According to Mikrukov, the state is cutting back it support for the automotive industry, and will be provided within narrowly targeted projects. Thus, in research and development the state plans to support the development of autonomous vehicles, promoting environmentally friendly modes of transport, such as e-vehicles, is also regarded as a priority.

Tags: Government, TIAF