A Russian used-car platform stopped making payments to customers following its nationalization
CarPrice, a Russian used-car sales service that came under state control in the spring of 2026, has suspended payments to individuals and businesses.
The company attributed the delay in payments to structural changes and promised to resume payments in the future, with interest calculated at the refinancing rate for the period of the delay.
The CarPrice platform has been operating since 2014 under a C2B model and brings together 150 centers in 60 cities across Russia. The company’s financial situation remains unstable: by the end of 2025, its revenue had fallen by 32%—to 7.7 billion rubles—and its net loss amounted to 126.4 million rubles.
Source: RBC.
In Russia, the government gained control over 32 strategic enterprises with a total value of approximately 2.5 trillion rubles in 2025. Authorities state that the nationalization process will continue.
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