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08 Sep
11:39

AVTOVAZ ramps up production after sanctions shock

AVTOVAZ expects to ramp up car production by the end of 2022, says the company's president, Maxim Sokolov. Output for full-year 2022 will amount to 228,000 LADA vehicles, of which 140,000 should roll off the assembly line in the second half of the year, almost double on H1, Kallanish notes. Next year, production may increase to 400,000-500,000 cars, against 430,000 cars produced in 2021. The AvtoVAZ team monitors the situation daily of 100-300 components tha…
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