Dmitry Evdokimov on reduction of the European car park in Russia

Dmitry Evdokimov on reduction of the European car park in Russia
Dmitry Evdokimov

Dmitry Evdokimov, Researcher, Quantitative Analysis of Economic Effects Department at the Gaidar Institute, commented to Moskva 24 channel on the situation related to European car producers, facing bankruptcy due to high energy prices and competition with Chinese brands.

“In our fleet we have quite a large number of European cars bought earlier, which still have a large safety margin, that is why they will not disappear anywhere from our roads in the coming years. New cars are likely to be imported only by people who purposefully want to own premium European brands,” the expert said.

Wednesday, 21.05.2025