Russia: AvtoVAZ to lift March production 56%

AvtoVAZ will increase output next month by 55.7% compared to March 2009 levels due to rising demand from the recently announced scrappage incentive, reports Reuters. The government is offering Rubles 50,000 (US$1,729) to new car buyers that trade in a vehicle more than ten years old when purchasing a locally It’s time to log in … Continued

• By Webmaster
• February 25, 2010