GM-AvtoVAZ will reduce the production due to declining demand in Russian market

GM-AvtoVAZ will reduce the production due to declining demand in Russian market

Vedomosti – GM-AvtoVAZ Car Factory, established in Togliatti, is getting ready to reduce Chevrolet Niva production in the forthcoming months. According to the statement made by the press bureau of the factory, the shrinkage observed in the market is the reason behind this decision. Hereunder, the facility will not operate for three working days within the course of March and April.

Previously, GM-AvtoVAZ had announced the production target of 2013 as 62,500 vehicles (-0.7%). The company manufactured 62,981 vehicles in 2012 (+9%).