By the end of 2024, AVTOVAZ increased car production by 40% to 525,525 thousand compared to a year earlier. In 2024, AVTOVAZ launched 14 new versions of cars. This is stated in the company's message.
Lada's average localization level has exceeded 95%, and the company has completely replaced supplies from unfriendly countries. Sales of commercial and passenger Lada cars in the Russian market amounted to 458,933 thousand, which is 30.2% higher than in 2023.
Maxim Sokolov, President of AVTOVAZ JSC, whose words are quoted in the message, outlined the company's goals for 2025. First of all, this is the launch of a car on a localized platform — the new Lada Iskra model. In addition, it is planned to develop new engines for both families of Niva SUVs. The small-scale model range should be replenished with Niva Sport and Vesta Sport models, as well as new commercial versions.
AVTOVAZ's own investment program will require investments of 45 billion rubles in 2025. The car production plan for 2025 is 500 thousand.
AVTOVAZ (TIN 6320002223) is the leader of the automotive industry in Russia. The plant, founded in 1966 in Tolyatti, produces cars under its own brand Lada. It is included in the list of backbone organizations of the Russian Federation.