Russia: AvtoVAZ to lift production 50%

AvtoVAZ is forecasting a significant rise in its production this year due to economic recovery. The manufacturer’s output last year was down 63% compared to 2008 levels. Reuters reports that the Russian OEM expects to build 446,000 Ladas and 51,000 assembly kits this year, compared to 294,737 Lada cars and 43,047 It’s time to log … Continued

• By Webmaster
• January 14, 2010