by Currencies of developing countries have shown mixed dynamics in recent days, but overall their exchange rate makes one thing clear – everything tied to the dollar will eventually become more expensive, including automotive sector products. 
Shares of manufacturers are in the red zone, quarantine measures, difficulties with export and import, economic problems, and the indefinite stoppage of factories – all of this will affect car price tags. Dealership centers are selling cars, preparing for a price jump as early as April, and some regional representatives do not rule out bankruptcy as soon as 2020. 
You can find more up-to-date information about the state of the economy and currency market news, as well as view the current indicators in the dollar-ruble pair on thematic resources and on a separate page of the site “InstaForex“.
Stimulating Measures
The Fed urgently cuts rates and introduces stimulating measures for the economy, literally showering the country with money.
The US government passes emergency bills to support its producers, small businesses, and population – trillions of dollars are allocated for this. But it is mainly about the US, and cars are mainly supplied to us by Asian and European manufacturers. In recent months, consumer activity and sales indices have plummeted there too. Considering the situation in Europe and Asia, one must prepare for high volatility in new car prices.
The Population Prepares for Difficulties
Simultaneously, car demand is also affected by the fact that the national currency rate does not inspire confidence.
Anything sold or valued in dollars is becoming more expensive. 
On the one hand, many in such a situation try to convert cash assets into property, on the other hand – save money, including in foreign currency, for a rainy day. Moreover, a large part of the population simply has no money to invest in a car, and those who have it take a wait-and-see position. Simultaneously, dealership centers have already started announcing a predictable rise in costs. Therefore, those still considering investing in a car should not delay, or should make a payment for a vehicle in future deliveries, fixing its current cost.
Conclusion
The chronicle of automotive sector enterprises’ shutdowns in Asia and Europe seems to imply that the industry’s problems in 2020 will be more serious than in previous crises. Amid rising prices for items linked to foreign currency, the population behaves diversely – some save money, others try to catch the opportunity to invest in movable property, while others do not even have enough devalued money left to purchase a dream car.
