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AVTOVAZ expects protection from the Russian authorities against the aggression of the Chinese car industry

  • January 11, 2024
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AVTOVAZ President Maxim Sokolov said that today the residents of Tolyatti are experiencing serious competitive pressure from Chinese car manufacturers. Mr. Sokolov calls their activities on our market

AVTOVAZ expects protection from the Russian authorities against the aggression of the Chinese car industry

AVTOVAZ President Maxim Sokolov said that today the residents of Tolyatti are experiencing serious competitive pressure from Chinese car manufacturers. Mr. Sokolov calls their activities on our market not just expansion, but also aggression, which, in his opinion, the country’s authorities should stop.

At the same time, the head of the domestic auto giant emphasized that the introduction of an increased scrap collection rate, initiated by AVTOVAZ, only slightly slowed down the advance of the “Chinese” through our country, but they recovered very quickly.

— Nowadays, many Chinese car dealers offer discounts that are higher than the same recycling fee. This means that this measure to restrain Chinese car manufacturers is no longer working. Therefore, the Government of the Russian Federation should seriously think about even greater protection of domestic producers,” said Mr. Sokolov.

Moreover, according to the top manager, work in this direction has already begun in the corridors of power. According to him, this is not possible, since more than 600,000 people work for AVTOVAZ in one way or another in the country alone.

Let us add that according to the Autostat agency, LADA dealers delivered 324,446 cars to customers at the end of 2023, most of which (namely 195,910 copies) were cars from the budget Granta family. Domestic brands occupied exactly a third of the Russian market, while Chinese brands accounted for more than half.

At the same time, the head of the domestic auto giant emphasized that the introduction of an increased scrap collection rate, initiated by AVTOVAZ, only slightly slowed down the advance of the “Chinese” through our country, but they recovered very quickly.

— Nowadays, many Chinese car dealers offer discounts that are higher than the same recycling fee. This means that this measure to restrain Chinese car manufacturers is no longer working. Therefore, the Government of the Russian Federation should seriously think about even greater protection of domestic producers,” said Mr. Sokolov.

Moreover, according to the top manager, work in this direction has already begun in the corridors of power. According to him, this is not possible, since more than 600,000 people work for AVTOVAZ in one way or another in the country alone.

Let us add that according to the Autostat agency, LADA dealers delivered 324,446 cars to customers at the end of 2023, most of which (namely 195,910 copies) were cars from the budget Granta family. Domestic brands occupied exactly a third of the Russian market, while Chinese brands accounted for more than half.

Source: Avto Vzglyad

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