AvtoVAZ President Maxim Sokolov spoke about the auto giant's plans for 2026. According to him, it is planned to produce 400,000 cars next year. However, the production level will depend on the key rate and measures to support demand.
Sokolov noted that the company's production facilities in Togliatti and Izhevsk are designed for 650,000 cars per year. AvtoVAZ may approach this level after 2030. The top manager hopes that the Russian market for new passenger cars may grow to 2–2.2 million cars per year by 2030.
If we take the company's historical share at the level of 25%, a maximum of 30%, then the entire market in this case should not exceed 2-2.2 million passenger cars per year. I think that sometime beyond 2030 we can come to this.
The top manager also touched upon the topic of Chinese cars. Maxim Sokolov emphasized that the dumping of manufacturers from China has reached critical proportions. He noted that Lada still costs less than Chinese cars.
Today, of course, we see that due to macro-financial conditions, the high rate of the Central Bank, tightening lending conditions, as well as certain, I would even say harsh dumping from Chinese cars, there is a sharp decline in the market.
Read more materials on the topic:
- AvtoVAZ Restores Five-Day Work Week
- AvtoVAZ Head Confident Taxi Prices in Russia Will Not Rise After Localization
- AvtoVAZ Prepares for a Sharp Decline in Sales
Now on home
Drones began to be equipped with infrared spotlights
Artificial intelligence is becoming an integral part of the music industry
The changes will help Russians make more informed choices about where to learn to drive
Monitoring will last until 2030
9.5 million people used the services of the Novosibirsk air harbor
The Russian Aerospace Forces received two aircraft, and another six were sent to Belarus
Russian airlines carried 3.1 million fewer passengers than the year before
Tickets for young passengers became 50% cheaper than before
Project 10620 vessel with helicopters and a barge will deliver cargo and a shift of researchers to the "Bharati" and "Maitri" stations
The air harbor spoke about ambitious plans for 2026
Chairman of the Commission of the Rostransnadzor Council Smirnov: They Made Themselves Known in the Emergency at Sheremetyevo Airport
Its full-fledged operation will begin in 2026