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AvtoVAZ Set to Cut Production in Autumn
25.08.2014 13:22
AvtoVAZ Set to Cut Production in Autumn
Photo Credit: http://www.profi-forex.org

AvtoVAZ, Russia’s biggest carmaker, has announced a 25,000-unit cut in output in the next three months amid slackening demand.

      The manufacturer of Russia’s most popular makes, including Lada Kalina and Lada Granta, will keep its staff on payroll, giving them more quality assurance and automation training in the spare hours.

      In July 2014, AvtoVAZ produced 59,200 units, including 47,100 Ladas and 12,100 Renaults and Nissans.

      According to the Association of European Businesses, the sales of passenger cars and light commercial vehicles dropped 22.9 percent in July, totaling 180,767 units.

      AvtoVAZ also has a JV with the US’s Chevrolet that produces offroader Chevy Niva.

       




Author: Mikhail Vesely

Tags: AvtoVAZ Russian cars    

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