Kommersant – AVTOVAZ has cut its 2015 production plan by 6.5%, to 538,000 automobiles. The company president Bo Andersson has announced that 250,000 automobiles will be manufactured within the July-December period, instead of 288,000. However, the company executives are of the opinion that the 19% market share target will be achieved, with the start of the production of the new Lada Vesta and Xray models.
According to AEB data, the total market share of AVTOVAZ and Renault-Nissan has reached 34.5%, following a 3.9 points increase, within the first half of the year, despite the 28% decline in sales: 269,800 automobiles. 782,100 vehicles have been sold in the country during the aforementioned period (-36.4%). The sales figure of Lada is 140,700 (-27%).
