The demand for cars in the Russian Federation has exceeded the supply for a year



July 20. FINMARKET.RU – For a year already, the demand for cars in the Russian Federation has exceeded the supply. In an interview with Kommersant, Avtodom CEO Andrei Olkhovsky said that car production was limited not only by the lack of semiconductors, but also by other components: air suspension, certain interior trim with leather or other materials. He noted that there is a problem with the lack of warehouses and spare parts – now the market leaders must create stock in order to provide customers with service. Olkhovsky clarifies that, in spite of everything, the company continues to focus on selling cars, not services. He estimates that 2020, despite the coronavirus, car shortages and lockdowns, was the most profitable year for all car dealers in 20 years.

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