Automakers are asking to postpone the payment of recycling fees to the end of 2024

2023-11-20 23:30:25

AvtoVAZ President Maxim Sokolov justified the need for this measure by the company’s working capital problem in conditions of high interest rates on loans. Let us recall that at the end of October the Bank of Russia raised the key rate, on which the lending rates of commercial banks depend, from 13 to 15% due to increased inflation. Overall, the rate has risen 650 basis points since July 2023, when the rate was 8.5%.