– The resources are included in the investment program of AVTOVAZ, despite the difficult period and the consolidation of financial resources, a certain tension, which, of course, we feel, we committed about 1 billion rubles for these purposes, but this is a project that quickly pays for itself, and it will already become profitable by the end of next year,” he said in an interview with Russia’s 24 TV channel, referring to the relocation of LADA Vesta production to the Tolyatti area.

Recall that cars of the LADA Vesta family have been produced at the LADA Izhevsk plant since the fall of 2015. Recently, the board of directors of JSC AVTOVAZ approved a decision to transfer the production of LADA Vesta family cars to the car giant’s headquarters in Togliatti. Before their release, it is planned to re-equip the line, which has previously assembled models on the B0 platform – Renault Logan, LADA Largus, LADA Xray. It has been reported that the LADA Vesta production launch in Togliatti is scheduled for early spring 2023.

Earlier, on the territory of LADA Izhevsk, a presentation of the electrical modification of LADA Largus, which is expected to be produced here in the facilities released after the dismantling of the LADA Vesta assembly line, took place on the territory of LADA Izhevsk.

– The resources are included in the investment program of AVTOVAZ, despite the difficult period and the consolidation of financial resources, a certain tension, which, of course, we feel, we committed about 1 billion rubles for these purposes, but this is a project that quickly pays for itself, and it will already become profitable by the end of next year,” he said in an interview with Russia’s 24 TV channel, referring to the relocation of LADA Vesta production to the Tolyatti area.

Recall that cars of the LADA Vesta family have been produced at the LADA plant in Izhevsk since the fall of 2015. Recently, the board of directors of JSC AVTOVAZ approved a decision to transfer the production of LADA Vesta family cars to the car giant’s headquarters in Togliatti. Before their release, it is planned to re-equip the line, which has previously assembled models on the B0 platform – Renault Logan, LADA Largus, LADA Xray. It has been reported that the LADA Vesta production launch in Togliatti is scheduled for early spring 2023.

Earlier, on the territory of LADA Izhevsk, a presentation of the electrical modification of LADA Largus, which is expected to be produced here in the facilities released after the dismantling of the LADA Vesta assembly line, took place on the territory of LADA Izhevsk.