The main problem of our auto industry - the lack of effective demand

How do you assess the current state of the auto loan market? Now the market is basically the program of co-financing from the major car manufacturers, but the St. Petersburg market is the car loan program where you can get auto loans on two documents: passport and the right, at 33% per annum for up to 4 years with an initial payment of 10%. In your opinion, how feasible and effective in serving the government program of preferential car loan? Tell us about the pros and cons of this program? In my opinion, this program is a good support to the market, especially because recently there was an increase the cost of cars that fall under this program. Since our company is also insured, then I can say that over the past few months have seen sales growth of credit cars that are purchased by banks participating in this program. How have credit conditions in this segment during the crisis? As well as in other segments of the lending market - there was an increase in interest rates, reduced credit terms, have tightened requirements for borrowers. There has been a redistribution of the market in favor of state-owned banks? I think there should not talk about the division, and the reduction of the car loan market, the share of state banks also declined less than the overall market, so it seems redistribution. In fact, I believe that with the massive return of commercial banks in the market percentage of auto loans issued by state banks will return to pre-crisis levels What are the main problems in our auto industry? Effective demand. Your personal opinion is different whether the quality of foreign car brands in Russia gathered on the quality of vehicle assembly of the same brand in the country where it is produced traditionally? In my opinion, all major auto giants are so closely cooperate with each other, talk about belonging to a country is no longer necessary. In any case, each brand has its own quality-control procedures, as the finished product, and purchased components, and these quality control procedures apply to all enterprises of this brand anywhere in the world. In general, what should be prepared for a potential borrower who wants to take a car loan? In general, to the same as before, checking his credit history and ability to pay, and of course a higher interest rate.