AvtoVAZ plans to ramp up the car production.
In 2024, AvtoVAZ intends to increase its car production to 500,000 units, as announced today by the company’s president, Maxim Sokolov. This year’s production plan is around 400,000 vehicles. Next year, they aim to escalate production by a quarter, surpassing the milestone of half a million cars.
The company is also actively developing new products, including the “Lada Aura,” a Class C model.
From January to October, the company produced 293,000 vehicles. Lada sales in Russia for the 10-month period amounted to nearly 283,500 units, nearly doubling the figures from the same period last year, as reported earlier.