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EURO-2 To Trigger Price Increase For Cheap Autos.

EURO-2 To Trigger Price Increase For Cheap Autos.

25 November 2008

In 2006, EURO-2 ecological standards for automobile engines will come into force. The Bogdan Corporation, one of the country’s major producers of cars and buses, says it is ready to switch to engines that meet EURO-2 standards, but said the change from carburetor to injection engines, required by the law, will cost consumers an additional USD 500 at least. AIS, a car importer, forecasts a 10-15% price increase for imported Russian automobiles following the introduction of EURO-2.

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