Avtovaz considers the situation in the “holy” market and predicts the reduction in Lada sales from February to 27 thousand units.
Avtovaz could not sell 100 thousand cars. Whereas the standard does not exceed 60 thousand. It was said by company President Maxim Sokolov in a commentary on Russian Pro -Government Publication Kommersant.
The Russian official called the situation in the “holy” market and predicted the reduction in Lada sales from February to 27 thousand units (-3% in annual terms). In September, he estimated the company’s total debt of more than 100 billion rubles.
Avtovaz for January sells 20.8 thousand cars – 0.2% less than last year. Despite the worsening of sales, the remembrance has not reduced the speed of labor – the plan for making 500 thousand cars for 2025 remains valid.
Russian media reports that excessive lada in the warehouses was formed in January. Avtovaz now has two releases: the sale of cars with discounts or reducing production.
Experts reviewed the situation in Lada’s warehouses as a reservoir and explained that at the current level of sales, Avtovaz needed three to four months to get rid of surplus.
Remember that last year, Chinese car manufacturer Zeekr prohibited car sellers from the PRC to sell their premium de -electric car after June 30.
A Chinese Chery works at Volkswagen and Mercedes Factories in Russia
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.