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Why AVTOVAZ will produce fewer cars this year than planned

AVTOVAZ could scale back its production plan for the current year, which, as we recall, amounted to 400,000 LADA cars. The president of the group, Maxim Sokolov, explains this by a repeated “failure of the logistics and financial chains.”

As Kommersant reports, the president of AVTOVAZ spoke at the Transport of Russia forum about the adjustment of plans for this year:

– It should be noted that the sanctions decisions were not implemented without a trace: it was a serious, not a blank shot at the country’s economy in general and our company in particular. But we survived anyway. We have not reduced the productivity of our conveyors, we are moving at the same speed,” Sokolov noted.

However, he added that slightly fewer cars will roll off the production line in 2023. The correction, he said, “will be within 10% for an obvious reason: the sanctions caused the logistics and financial chains to fail again.” In short, by the end of November, LADA sales are projected to reach 37.5 thousand cars.

As Kommersant reports, the president of AVTOVAZ spoke at the Transport of Russia forum about the adjustment of plans for this year:

– It should be noted that the sanctions decisions were not implemented without a trace: it was a serious, not a blank shot at the country’s economy in general and our company in particular. But we survived anyway. We have not reduced the productivity of our conveyors, we are moving at the same speed,” Sokolov noted.

However, he added that slightly fewer cars will roll off the production line in 2023. The correction, he said, “will be within 10% for an obvious reason: the sanctions caused the logistics and financial chains to fail again.” In short, by the end of November, LADA sales are projected to reach 37.5 thousand cars.

Source: Avto Vzglyad

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