Posted on 06/16/2022 10:36:20 AM PDT by marcusmaximus
Russian President Vladimir Putin ordered his government on Thursday to come up with new measures to support the domestic car industry, which has seen sales crater since Moscow launched its invasion of Ukraine.
Amid a crunch on demand from Russian buyers and severe logistics problems as a result of Western sanctions slapped on Moscow, car sales slumped a record 83.5% in May, according to figures from the Association of European Businesses (AEB).
"I would like to ask the government to tell us in detail what swift measures it is taking to support the auto industry and stabilise the internal market," Putin said in a meeting with government officials broadcast on state TV.
Putin also said the government needed to look not only at production issues, but also at how to stimulate demand despite the economic difficulties facing the country.
According to Russian statistic agency Rosstat, car prices have jumped nearly 50% since the start of the year, slamming demand in a country where household incomes have declined while inflation has been hovering near 20-year highs.
(Excerpt) Read more at money.usnews.com ...
WAY too many popups. If they can’t build the needed microcircuits, they’ll have to go back to the way cars were built in the 1960’s. And with inflation the way it is, who will be able to afford cars? They should have thought this through before making a public statement as it shows how disconnected they are from the reality on the ground.
She will how 10,000 kilometers before needing overhaul, tovarisch!!!
Go
Biden will only support putting trans sex workers in grade and kindergarten schools.
WAY too many popups. If they can’t build the needed microcircuits, they’ll have to go back to the way cars were built in the 1960’s.
Copying Fiats?
OF COURSE: MY country is at war with it’s neighbor & the first thing on MY mind is to go out & buy a new car........
So far as I can tell the Soviet assembly plants use engines and transmissions imported from overseas. Looks like they need to spin up their heavy industrial and machining capability.
That’ll just take a few decades.
Yugo girl!
Putin was supposed to be in a coma. Maybe he got better.
https://freerepublic.com/focus/f-chat/4071547/posts
you need some proper protection, I got 0 popups
Bailoutski
He thought it was the greatest car ever built
Still nostalgic for the grinding gears
So far I can tell Volkswagen, Fiat&Chrysler and Mazda used to import engines made in Russia.
They might sell more cars if they stop making the camshafts out of bakelite.
No sympathy for Putin but if inter-country trade makes each individual country unable to survive without materials from other countries, it’s not a good thing.
“you need some proper protection, I got 0 popups”
I have a condom over the mouse. What sort of protection are you referencing?
Kadyrov was the one spreading the coma rumors. But in today’s video where Putin was scolding a room full of supposed auto execs, Putin had his bloat on big time. Not looking healthy at all.
I have a condom over the mouse. What sort of protection are you referencing?
—
Yes good start, but it it has to be an anal condom ...
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