AvtoVAZ says the St. Petersburg manufacturing unit will change into operational in June
Car manufacturing at a St. Petersburg plant that previously belonged to Nissan will resume this month, the CEO of Russia’s greatest automaker AvtoVAZ has introduced.
The Japanese producer left the Russian market final yr, transferring all its belongings within the nation to the state-owned analysis and growth agency NAMI for a token sum of 1. The plant in Russia’s second-largest metropolis was later purchased by AvtoVAZ, which is greatest identified for its Lada autos.
“June 14, 2023 is the date when production at the Lada St. Petersburg plant will start. A new Lada model will be manufactured in St. Petersburg,” AvtoVAZ CEO Maxim Sokolov advised reporters on Friday.
The manufacturing unit plans to supply as much as 10,000 autos this yr, with output rising over the next years, Sokolov stated.
The Nissan plant in St. Petersburg, which was opened in 2009, has manufacturing capability of as much as 100,000 automobiles per yr. In 2021, roughly 43,000 automobiles got here off of its meeting line. The plant principally produced SUV fashions such because the Qashqai and X-trail.
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AvtoVAZ is the most important automotive producer in Russia and Eastern Europe, producing over a million autos per yr. It already has a steady market share in CIS international locations and likewise exports automobiles to Iran, Syria, Mongolia, Tunisia, Lebanon, Egypt, Trkiye, Hungary, China and the United Arab Emirates.
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