The plant will focus on production of Lada Granta and a renewed Kalina. Output from the new Kazakh plant is expected to be sold in the markets of Middle Asia, Siberia and the Far East region of
The first stage of production, around 60,000 cars per year, is expected to be launched in
The sum of investments into the project will amount $ 400 million. According to AvtoVaz, its share in the Kazakh car market is 37 %.
Sources: http://www.lada-auto.ru http://ru.reuters.com
Author: Irina Fomina