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AvtoVAZ confirmed that new LADA cars will increase in price from May 1

  • April 26, 2023
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AVTOVAZ President Maxim Sokolov confirmed that prices for two LADA models will increase with the beginning of the last month of spring. The factory was forced to such

AvtoVAZ confirmed that new LADA cars will increase in price from May 1

AVTOVAZ President Maxim Sokolov confirmed that prices for two LADA models will increase with the beginning of the last month of spring. The factory was forced to such a step by inflation, but also by the transition to more expensive components.

The top manager said prices will rise by an average of 2 percent, which is less than inflation. This will be the second price adjustment for the spring: since March 1, Togliatti cars have also increased by about two percent.

Mr. Sokolov explained that value growth is not only affected by the depreciation of the national currency. As part of achieving “technological sovereignty”, AVTOVAZ is replacing several components previously supplied by global manufacturers that have ceased cooperation with Russian companies. And of course that also affects the prices.

The head of AvtoVAZ did not specify which models will increase in price. However, based on the information previously published on the web, we can assume that this will have an impact on LADA Granta and Niva Travel. Auto.ru reports: the cost of cars will increase from 14,000 to 39,000 rubles, which is more than two percent …

The top manager said prices will rise by an average of 2 percent, which is less than inflation. This will be the second price adjustment for the spring: since March 1, the Togliatti cars have also increased by about two percent.

Mr. Sokolov explained that value growth is not only affected by the depreciation of the national currency. As part of achieving “technological sovereignty”, AVTOVAZ is replacing several components previously supplied by global manufacturers that have ceased cooperation with Russian companies. And of course that also affects the prices.

The head of AvtoVAZ did not specify which models will increase in price. However, based on the information previously published on the web, we can assume that this will have an impact on LADA Granta and Niva Travel. Auto.ru reports: the cost of cars will increase from 14,000 to 39,000 rubles, which is more than two percent …

Source: Avto Vzglyad

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