April 28, 2016, 12:55 | medvedev | car loans | car industry | subsidies
Russian Prime Minister Dmitry Medvedev signed a decree on the extension of the 2016 program of preferential car loan and leasing, the press service of the government.
«In order to continue in 2016. The program of preferential car loan and preferential leasing of vehicles operating in 2015 Russian Ministry of Industry signed a decree sent the budgetary allocation of the total amount of 16.3 billion rubles, “- said in the text of the document
of these, 5.0 billion rubles will be spent on grants to offset losses in income Russian. leasing organizations in the provision of discounts to the lessee to pay the down payment on the lease contracts of wheeled vehicles, concluded in 2015-2016.
The remaining amount will be used for grants to Russian credit institutions to compensation decreased income on loans in years 2015-2016 to individuals for the purchase of cars.
According to the government, it will provide an additional loading of Russian automakers capacity by 270 thousand. cars and 32 thousand. units. Moreover, the decisions taken will stimulate demand for vehicles in conditions of high interest rates, provide additional volumes of car production in Russia will preserve jobs and ensure a favorable car purchase conditions in the credit and leasing.
Also, in order mitigating the negative effects of the economic situation for the domestic automakers, Russian Ministry of Industry sent a budget allocation of 22.5 billion rubles for the granting in 2016 of subsidies from the federal budget of the Russian organizations for compensation of costs related to the production of wheeled vehicles.
This will help stabilize the financial and economic situation in the Russian automotive industry and to avoid a significant increase in the price of manufactured cars.
at the moment the Ministry of industry supports the automotive industry both in terms of subsidies within the framework of the production, and in terms of support demand. For example, 20 billion rubles are reserved as part of anti-crisis measures of the Russian government. This applies to support demand for cars and includes a recycling program, trade-in, lease concessional and preferential car loan. For this purpose, in 2015 the state budget has been allocated 24 billion rubles.
Deputy Prime Minister Arkady Dvorkovich in late December, said that the volume of state support in 2016 will be at least at the level of the previous year (43 billion rubles). In November it was reported that the automakers have managed to convince the Ministry of Industry to extend for 2016 the basic state program to support the market at 30 billion rubles.
In April, at the Congress of the Union of Mechanical Engineering, Russian President Vladimir Putin said that the government will continue to support industries, found themselves in a difficult situation, including direct support to the automotive industry in 2016 137.7 billion rubles, including 49 billion rubles – in addition
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