GM-AvtoVAZ has resumed production, following the price agreement with AvtoVAZ

GM-AvtoVAZ has resumed production, following the price agreement with AvtoVAZ

RusAutoNews.Com – GM-AvtoVAZ has resumed production on 21.05.2014, following a one-month break. As reported by Reuters, via sources close to the company, GM has accepted the price rise implemented by AvtoVAZ, on supplied components.

AvtoVAZ had demanded a price rise of 10,000 rubles per/set, to be refused by GM, who in turn stopped the production of Chevrolet Niva on 22 April.

The sales of Chevrolet Niva have dropped by 12% in Russia by the end of the first four months of 2014, with 15,534 vehicles.