The Russian subsidiary of the German company Adler Pelzer Group (APG) filed a lawsuit against the automaker AvtoVAZ. In this respect reports “Business News Agencies”.
“HP Peltser Rus LLC from Kaluga, a manufacturer of electrical and electronic equipment for automobiles, filed for arbitration to recover 8.4 million rubles from automobile and component manufacturer AvtoVAZ JSC,” the report says.
It is stated that the essence of the claim is still unknown.
In October 2018, the Russian Direct Investment Fund signed an agreement with APG to implement joint investments in the construction of new APG production facilities in Tolyatti.
Before that, AvtoVAZ President Maxim Sokolov statedThere are enough domestic Lada cars for all Russian officials. According to him, this year’s production plan is over 500 thousand cars. At the same time, a production line will come into operation in Izhevsk in May, where Largus will be produced.
happened at the same time knownAvtoVAZ presented the Lada Iskra car for the first time in St. Petersburg International Economic Forum (SPIEF) in 2024.
Previously reportedThat AvtoVAZ will increase the production of the budget Lada Granta in the Standard configuration.
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Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.