The increase in recycling rates last year did not prevent Chinese car brands from entering the Russian market. The company’s president, Maxim Sokolov, stated this in an interview with the Rossiya 24 TV channel.
“We see increased competition, especially in classes where the product range overlaps with AvtoVAZ models. First of all, this is Lada Vesta, and the discounts that Chinese brands give today are two or even three times the size of the recycling fee,” said Maxim Sokolov.
According to the results of AvtoVAZ February 2024 Done 24.9 thousand Lada cars; This is 34% more than January and 19% more than February 2023. The largest sales volume belongs to Lada Granta. 12.8 thousand cars of this model were sold during the month.
AvtoVAZ has sold a total of 48.7 thousand cars since the beginning of the year; This is 19% more than in the two winter months of 2023.
Previously reportedLada Vesta will receive a lightweight electric power steering.