However, prices are in no hurry to decline
Chery brand cars have accumulated the most in the warehouses of Russian car dealers, as reported by «Gazeta.Ru» said the founder of the project «Automarketer» Oleg Moseev.
«There are brands that have accumulated three months of stock. Chery has an excess number of cars. Of the top five brands that sell a lot, Chery – the most distinguished brand in this sense»,— stated Moseev.
However, the inventory situation differs depending on the region: in some regions, Chery has a normal situation, while other brands, such as Geely or Exeed, have a surplus of cars.
In the dealer environment, it is considered normal to have cars in stock for 1-1.5 months of sales, and acceptable — for 2 months. Anything more — this is already excess stock.
«As for sales plans, Chinese distributors do not adjust them down. Moreover, Haval adjusted its plans upward, increasing its plan for 2024 by 40 thousand cars— added Moseev.
Previously it was reported that there is an increase in stocks of new cars in the warehouses of car dealers in Russia.