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Lada plans new models, wants to sell half a million cars a year

Lada plans new models, wants to sell half a million cars a year

Russian car maker Lada is laying out a new plan for the future after sanctions imposed on Russia over its military invasion of Ukraine and the subsequent exit of Renault production hampered production.

Because of missing parts, the automaker had to produce cars without ABS, airbags, or air conditioning, and for some time production lines stopped. Automotive News quoted Maxim Sokolov, CEO of AvtoVAZ: “After the departure of Renault, the company has been stable for more than two months (…) but we have managed to secure new production and logistical chains.”

Lada is working on the first electric car. It will be based on Dacia Logan MCV

AutoMoto

According to Sokolov, this month the company’s management will receive proposals for new models. According to the website, AvtoVAZ’s new production goal is to sell half a million cars annually, which is less than what Renault has set in the past.

AvtoVAZ is a Russian automobile manufacturer that sells Lada cars. Before the invasion of Ukraine, the largest shareholder was the French company Renault, which, among other things, invested in the modernization of the plant in Togliatti. In response to the invasion, he sold his share to the Russian government and withdrew from the environment there.

Renault has provided the Russians with its own CMF platform, on which new ladies will soon be launched, who will share technology with the Dacia brand. It is not yet clear whether the new, unspecified models will use this platform or its own.