07-05-2018 | 16:19

The Memorandum determines parity relations between car manufacturers and dealers


Deputy Head of FAS Department for Industry Control, Dmitry Chuklinov, gave a welcoming address to the 6th Convention of the “Russian Car Dealers” Association.


He supported the course of the Russian Automobile Dealers Association and the Association of European Businesses towards market self-regulation. FAS representative added that the Antimonopoly Service had approved a draft Memorandum of Understanding between these Associations. Dmitry Chuklinov pointed out that if this mechanism of self-regulation fails to fully satisfy all sides of the automotive market, FAS will get back to normative regulation with due account to the current rends and the world experience.


During an open discussion the participants of the Convention discussed the present situation on the automotive market and the prospects of industry development.



Attendees included top executives of car dealer and car manufacturers, representatives of the authorities, banks, insurance companies and mass media discussed the most important and pressing issues of the current state of the automotive industry and the development trajectories in the near future.


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