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32 companies raised car prices in Russia

The source writes that in February of this year, 32 automakers that officially operate on the Russian market raised prices for their products.

In the first half of February, an increase in the cost of cars of 21 brands was recorded. In the second half of the month, 14 companies raised prices (some did it for the second time in a month).

Volvo cars became more expensive by 1.9-3.2%. Chevrolet cars of the mass segment (Cobalt, Nexia, Spark) went up in price by 3.1% to 3.5%. Chery raised the prices of its crossovers by 2.2-3.5% in February, while the models of its sister brand Exeed went up by 0.7-0.9%.

For the first time in 2022, JAC has sharply raised the price of all models except for the iEV7S electric car. They became more expensive by 10.2–21.4%. Renault cars have risen in price by 0.9-2.5%. Infiniti QX50 and QX55 added in price from 1% to 1.3%, Mitsubishi Eclipse Cross - from 1% to 1.2%, Honda CR-V - 2%.

In connection with the situation in Ukraine, manufacturers began to massively raise prices for cars that are supplied to the Russian market. So, from March 1, AvtoVAZ raised prices for all Lada cars to a record level.

32 companies raised car prices in Russia