Suzuki decided to index the prices of its cars in the first quarter of this year. This was told to the Autonews.ru correspondent by the CEO of Suzuki Motor Rus Takahashi Utah. According to him, prices for Japanese cars will rise within inflation by about 2%.
“I’m sure that during this quarter automakers will raise prices, which swings Suzuki, we will index them within inflation – by 2%,” the top manager said.
According to the Association of European Businesses (AEB), last year Suzuki sold 7731 of its cars on the Russian market. This figure is 29% more than in the same period of 2018. Current Russians bought 6016 cars of the Japanese brand.
In November, the Russian government approved an increase in the utilization fee for cars in 2020. The document was signed by Russian Prime Minister Dmitry Medvedev on November 15. First of all, the increase in rates will affect the segment of cars. On average, they will grow by 110.7%. At the same time, for cars with an engine of up to 1 liter, waste collection will increase by 46.1%, and for cars with an engine of 3.5 liters or more, by 145%. In the mass segment, the increase in waste collection will be 112.4%. It is argued that increasing auto prices is a reaction to lowering customs rates to maintain the overall level of tariff protection. However, it can also become one of the factors of growth in the cost of cars in 2020.