AvtoVAZ will increase the production of the most budget modifications of Lada – Kommersant

AvtoVAZ decided to increase the production of the most budget modifications of Lada, said the company’s president Maxim Sokolov. According to him, the prices for these cars remain within the limits of 700 thousand rubles. He did not name specific brands.

“We recently decided to increase the production of the most budget cars, realizing that our client is also focused on buying inexpensive cars and we need to provide our customers with such an opportunity,” he said in an interview with RIA Novosti.

Mr. Sokolov claims that foreign suppliers refuse to export “simple components” that are not even subject to sanctions. However, the company is taking steps to prevent price increases. “Miracles, of course, do not happen, and the issue is not only inflationary price growth, but primarily exchange rate growth, but nevertheless, at the moment we are doing everything possible to minimize this impact,” he added.

Maxim Sokolov toldthat AvtoVAZ is conducting an “active negotiation process” with the countries of the Persian Gulf on organizing the export and assembly of Lada. In addition, the company wants to resume the production of Lada cars at the Al Amal plant in Egypt. The company clarified to Kommersant that we are still talking about the Granta model – this budget car was produced before the crisis.

Details – in the material “Kommersant” “Bouncing on Hubs”.

Laura Keffer