The Ministry of Industry and Trade of the Russian Federation has promised to increase discounts on demand support mechanisms in the automotive industry

12:21; 02 July 2025 year

The Ministry of Industry and Trade of the Russian Federation plans to increase the discount rate as part of the demand support mechanism in the automotive industry, as well as to restore the Family Car and First Car programs. This was stated by the Minister of Industry and Trade Anton Alikhanov, speaking at the government hour in the Federation Council, reports "a href="https://www.interfax.ru/business/1034069">«Interfax»lt;/a>.

gt;- In order to prevent the projected 40% drawdown (car sales by the end of 2025 - approx.), we will increase discounts on our demand support mechanisms, fully restore the programs "First car" and "Family car", - said the head of the department.

He stressed that last year, due to various government support programs, the market managed to grow, but since the beginning of this year, the market has gone down again "under the influence of prohibitive rates and tightened car loan conditions". The decrease was 28%.

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