AvtoVAZ reduced sales by 23.5% in Russia in February
OREANDA-NEWS. AvtoVAZ sold 23 639 cars in the Russian market in February, which is less by 23.5% than a year ago. It was announced by Vice-President of Sales and Marketing, Denis Petrunin, who predicts that the market share of Lada at the end of February will be 19.5%, says the agency "Interfax". Recall that in January the Russian dealers of Lada reduced the sales by 26% to 17,492 vehicles.
For 2015 AvtoVAZ forecasts the reduction of Russian car market by 19% to 1.9 million cars. While sales of Lada should grow by 15-20% due to the active promotion of products in foreign markets, the further improve of the localization of products (currently it is 82% for Lada cars) and bring to market two new promising models Lada Vesta and Xray.
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