AvtoVAZ will spend 45 billion rubles a year on production modernization, reports RIA Novosti cites the vice president of the company Sergei Gromak.
“We will spend more than 45 billion rubles on investments every year until 2030,” the agency quotes Gromak as saying.
The company’s top manager explained that these amounts were invested, among other things, in updating the Lada model range.
“As part of our special investment contract, AvtoVAZ has invested 78 billion rubles over the past few years” stated Gromak (quoted from TASS).
Before that it was known that AvtoVAZ suspended The release of all versions of the Lada Niva Legend is due to the revision of configurations and the addition of new options.
Earlier in Russia sharply became more expensive all season car tires.
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Source: Gazeta
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