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Subsidized policies stimulate this year Russia car sales up 15%





An integrated electric super car, 7 July, Russia Ministry of industry and trade in charge of the automotive sector, said Alexei Rakhmanov benefited Russia Government's automobile "trade-in" subsidy policy in Russia this year, the car sales rose 15%.

To boost the impact of the financial crisis of the automotive industry, the Government of Russia in March launched auto "trade-in" subsidy policies. According to the policy owner to scrap a use for more than 10 year old car, when you purchase a new car could gain 50,000 rubles (about $ 1,600) subsidy "certificate".

Rakhmanov said: "in the policy starts after the first stage, Russia car sales increased by 10%, if the second stage would not have been able to achieve the effect of the first stage, then Russia might then car sales growth of 5%. ”

Rakhmanov expects Russia car market in 2010 and 2011 and sales will reach 23 million units and 17 million units.

This year, Russia Government 213,600 grants "certificate", Russia market 148,810 cars were sold.

Russia's Prime Minister Vladimir Putin had earlier said that the Russian Government on this project will increase the 100 billion rubles (approximately $ 3.21 million) of investment, the total investment will reach 105 billion rubles (approximately $ 3.37 million).

(Super car network)