AutoVAZ Shows Best Monthly Sales for 6 Years in October

Home » News » Regions » Eurasia » AutoVAZ Shows Best Monthly Sales for 6 Years in October

During October 2020 AutoVAZ increased sales of Lada cars (including the Niva brand) by 22.5% to 37,030 vehicles. This is a best result since October 2014, when the company sold 37,788 cars.

Marketing and sales vice-president of the OEM Mr Morne has explained demand and sales growth by State and own support programs.

AutoVAZ plans to work Saturdays and holidays during November to meet low inventories of cars among dealers.    Read The Article

PSR Analysis: It appears that the grim forecast regarding automotive production in Russia related to the epidemy is not going to come true. However, there is one more factor in the growing demand. The devaluation of national currency will force people to spend their Rubles before they lose a big part of its value.    PSR


Current Reports

Download complimentary reports that show the type of information available from Power Systems Research.

PowerTALK News

Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.

Subscribe