Avtohlam enriches AvtoVAZ »

Recycling program is so productive that the government decided to allocate to it an additional 10 billion rubles. AvtoVAZ due to a sharp increase in sales is preparing to increase production of its cars by 26%. Prime Minister Vladimir Putin said that the need to devote to the recycling program avtohlama another 10 billion rubles. The program started in March this year, and must end in November. It proved so successful that it allocated to 10.5 billion rubles, it is almost spent. Putin noted that, despite the costs of an administrative nature, the program works efficiently and is effective in supporting the development of the automotive industry. By decree of the Prime Minister of the Ministry will prepare proposals for a smooth exit from the program in 2011. On Wednesday, Minister of Trade and Industry Viktor Khristenko said that before the end of June, dealers will be issued to all 200,000 coupon certificates. In September they will all otovareny. Currently available just over 20,000 vouchers to 50,000 rubles. On the day issued about 2,500 certificates. If the pace of the program remain the same, then added 10 billion will be enough for almost three months. There is a domestic car industry support and by car loans. Resumed in late February 2010, the program concessional lending began to enjoy better demand than last year. By the end of May, the bank issued 52,368 loans at subsidized government rates. And in May had 16,500 transactions. For three months the proportion of cars purchased by concessional loans, accounted for 15% of sales on the Russian car market, against 6.6% during April-December 2009. However, the percentage of applications approved by banks fell to 41.6% (52,369 applications approved), in contrast to last year's 57.7% (71,486 applications approved). Experts attribute this to the fact that dealers do not have enough cars. Both of these state programs provide strong support for cars assembled in Russia. Those who have not been able to buy a car, is lured into dealerships and banks are using discounts. For the three months of the recycling program AvtoVAZ sold 46,333 cars in 50-thousandths of discounts. In May, owners of the vouchers purchased 12,112 car Lada Priora and 11,974 rear-wheel drive "classic". Note that in comparison with May 2009 when it sold 28,163 cars, an increase of 63%. Almost every other car off the assembly line AvtoVAZ sold goes to the recycling program. Domestic automaker has received about 195,000 applications for purchase of its products. Popular with the wish to exchange your avtohlam on new cars are "classics" (49,2% of applications), Lada Kalina (17,4% of applications) and Lada Samara (16,3%). Podbodrenny increasing demand for their products, "AvtoVAZ" has decided to increase production of cars this year to 570,000 instead of the planned 450,000. This is almost two times more than in 2009. The summer period is made more compact schedule, and over the next three months at AvtoVAZ will be collected just over 160,000 cars. In extension of the recycling program sees the government's decision to support the Russian auto plant to better times, until the market situation is not stabilized. Against growth of sales through coupon certificates, the standard sales of domestic cars is still quite low. Most likely, a couple of months after the end of government sales, which will be issued with the latest machines on the certificate, the domestic auto industry will face a serious decline. These rakes have occurred Germany, where at the beginning of the crisis acted recycling program. German car owners receive for cars older than 9 years 2,5 thousand euros. This allowed the country's auto market to maintain growth, whereas in the neighborhood experienced a sharp downturn. But once the program ended, sales in Germany fell sharply - over the last five months of decline was 28% compared with 2009. Local producers helps to keep afloat only export. AvtoVAZ, as we know, can not boast of such popularity abroad. But, judging by the fact that the recycling program in Russia will slowly collapse only in 2011, when the new allotment again ceases to suffice, the government will again allocate money for such a successful project. Text: Olga Zabelkina.