Expert says German and Japanese auto industry will not return to Russia

28.11.2024 20:00

The expert spoke about car manufacturers leaving Russia.

The vice president of the National Automobile Union stated that, despite the losses, Japanese and German manufacturers will not return to the Russian market.

Jan Hajtseer voiced this point of view in a conversation with the NSN portal.

An expert named the reasons why foreign cars have jumped in price.

This is due to the lack of cheap gas, which used to come from Russia. Since the auto industry has to buy energy resources at higher prices, the car production cycle has become significantly more expensive.

auto
Photo: © TUT NEWS

At the same time, despite the difficult conditions, the producers are unlikely to go bankrupt. According to Khaitser, they will eventually adapt to the new conditions, but due to the sanctions, one should not expect them to return to the Russian market.

For reference

The automotive industry is a branch of industry that produces non-rail vehicles with internal combustion engines.

Author: Irina Tint Editor of Internet resources