Russian dealerships running out of mid-priced cars – media ...News

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The exodus of major global automakers has opened the door to Chinese and Iranian brands Car dealerships across Russia have been reporting inventory shortages of new mid-priced cars, the newspaper Izvestia wrote on Thursday. According to the report, the Russian dealers of Volkswagen, Kia, Skoda, Citroen, Opel, Renault, and Hyundai are currently offering just over 300 such cars on their websites. The Association of Russian Automobile Dealers, meanwhile, claims that the number of affordable cars is now merely in the dozens, noting also that the shortage has pushed up prices. The basic model of Kia Rio now costs 1.5 m

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