Avtovaz Sales Shoot up 32% in 8M 2010
OREANDA-NEWS. September 2, 2010. August sales by Avtovaz have showed a downturn m-o-m, blamed on the stoppage of the production line for a week due to abnormally hot weather. On an annual basis, the monthly sales were up, with growth attributed to implementation of a clunker-for-cash program.
On September 2, Avtovaz reported its sales in 8M2010. The company sold 317,700 automobiles over the period, up 31.6% y-o-y, with 115,400 cars sold under the old car utilization program. In August, Avtovaz distributed 45,100 cars, against 29,100 in the same month a year earlier.
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