Russian automaker AvtoVAZ will start selling cars under a new brand this spring. In this respect reports RIA Novosti quotes the company’s president, Maxim Sokolov.
“We have already said that our product range will expand. Including partner licensing projects. St. Our facility in St. Petersburg will produce such projects. It was he who registered this new brand. Sales under this brand will start very soon: this spring,” said Sokolov.
The fact that AvtoVAZ will produce cars under a new brand has been revealed known In January 2024.
Foreign models in the C and D segments will be offered under the new brand. It is not yet known which companies AvtoVAZ will cooperate with.
AvtoVAZ’s development plans until 2030 include the production of 12 new car models and the development of partnership projects.
AvtoVAZ plans to start production of three new Lada models by 2026. The assembly of the domestic business class car Lada Aura is planned to start this year. Production of Lada Iskra is expected to start in 2025, and the new crossover on the Vesta platform in 2026.
Previously reportedLada X-Cross 5 cars began to arrive at Russian dealers.