“AvtoVAZ” has stopped production


Russian auto maker “AvtoVAZ” has stopped its assembly line due to components’ supply shortage, said the company’s spokesman to “Lenta.ru”.

“AvtoVAZ stopped the car assembly line today due to difficulties in supply of components, such as seats, exhaust systems, sensors. The company intensively negotiates with suppliers in order to resume the assembly of cars as soon as possible,”- said the company’s representative. He added that during the conveyor downtime workers are engaged in “servicing lines and improving the working environment.” He refrained from any further explanation.

The President of “AvtoVAZ” Bo Anderson at June 18 during the St. Petersburg International Economic Forum recalled that the company intends to occupy 20 percent of the Russian market and sell 325-350 thousand Lada cars a year.

According to the Association of European Businesses, for the time period from January to May of 2015 there were 114,300 “Lada” cars sold in Russian market, which is about 30% less than for the same period of 2014. In May, “AvtoVAZ” sold 22,900 cars, which is 33% less than for the same period of 2014.

Source: http://lenta.ru/news/2015/06/22/vaz_stop/http://www.bbc.com/russian/rolling_news/2015/06/150622_rn_avtovaz_stopped