КРЕДИТНЫЙ МЕХАНИЗМ КАК ИНСТРУМЕНТ СТАБИЛИЗАЦИИ РЫНКА АВТОДИЛЕРОВ В УСЛОВИЯХ САНКЦИОННОГО РЕЖИМА: ПРОБЛЕМЫ И ПУТИ РЕШЕНИЯ

УДК 336.77.01

Abstract

The article is devoted to the study of the impact of the sanctions regime on the car dealership market in Russia and the role of bank lending in maintaining the financial stability of this sector of the economy. The author conducts a chronological analysis of changes in the structure and dynamics of the automotive market for the period 2022-2025, identifying key problems faced by car dealers: the withdrawal of Western manufacturers, disruption of supply chains, an increase in the Central Bank of Russia's key rate and recycling fees. The study notes that after the initial crisis of 2022, the market partially recovered due to the substitution with Chinese vehicles; however, by 2025, a decline in sales and inventory overhang is observed again against the backdrop of high debt burdens on dealers. The author emphasizes the special role of the banking system in stabilizing the situation through deal structuring, restructuring of obligations, and changes in lending terms. As a solution, the transformation of car dealers' business models with a shift towards service maintenance is proposed, as well as reducing the credit burden by evenly distributing repayments across reporting periods. The study confirms the hypothesis about the significance of bank lending as a tool for stabilizing the economic situation under conditions of sanctions pressure.