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Russia: amid currency slump, Lada increases prices by 9%


AvtoVAZ, the Renault-Nissan controlled parent company of the country’s best selling brand – Lada – has announced that all cars of the automaker will have the prices increased by 9% starting Thursday. The country’s largest auto producer said the reason of the price hike is the current state of the currency – with the plunging ruble losing more than 40 percent ...
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More lada articles

Russia: AvtoVAZ loses No.1 spot on supplier issues
Russia’s AvtoVAZ, traditionally the country’s largest carmaker and holder of the top sales position for individual models as well, took a hit last month after its Lada brand’s Granta model ...
[VIDEO] Ferrari 458 Italia hits Lada, chases driver in Russia
A driver of a Ferrari 458 Italia has crashed his ride into a Lada recently, in Russia, and he ended up chasing the driver. Car crashes happening in Russia are some ...
Russia: Lada sales modestly rise following government subsidy program introduction
The country’s affordable Lada brand has enjoyed a slight return to positive sales, most likely owing the situation to the introduction of a government subsidy scheme designed to counter the ...
Russia: Lada’s foreign boss wants a sportier image
Bo Andersson, president of AvtoVAZ – the parent of the Lada brand – says that among the many changes the No. 1 Russian automaker has to implement is one that ...
Russia: AvtoVAZ CEO confident in Lada’s future
Following Renault-Nissan’s control takeover at the largest Russian automaker, CEO Carlos Ghosn successfully promoted at the helm of the Lada maker the first foreign chief in the make’s history. Bo Andersson ...
Russia: AvtoVAZ mulls return to profit amid slumping market
Russia’s largest automaker, now under the control of the Renault-Nissan alliance, has vowed to return to profit through cost cutting measures and the introduction of new models to regain critical ...
Russia: AvtoVAZ to lower Lada production
The Russian carmaker announced it aims to cut factory output of its Lada brand cars by as many as 25,000 units during the following three months as the country’s sales ...
AvtoVAZ under full control of Renault Nissan alliance
Russia’s AvtoVAZ, the parent company of the well-known Lada brand, has come under the control of majority shareholder Renault-Nissan, as the deal was completed mid-June. The planning of the takeover – ...
Russia – AvtoVAZ lets go more employees
The situation for the country’s largest carmaker, AvtoVAZ, seems to have turned from serious to critical, as the automaker has announced that at its Togliatti factory there would be not ...

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