Russia: AvtoVAZ doubles net income in H1 2011

AvtoVAZ is reported to have more than doubled its net income on a year-on-year basis in the first six months of 2011, reflecting improving sales of Lada vehicles. The company sold 291,540 Ladas in the first half of the year, a year-on-year increase of 31.3%. According to RIA Novosti, the company's Subscribe to Automotive World … Continued

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• October 25, 2011