"AvtoVAZ" brand owner "Lada" He reveals his plans for 2023.

Russian company AvtoVAZ, which owns the Lada brand, has revealed its plans for 2023, and the company has said it intends to produce just over 400,000 vehicles based on the original plan.

Company President Maxim Sokolov told reporters today on the sidelines of Transport Week 2022 that AvtoVAZ intends to produce just over 400,000 vehicles in 2023 according to the original plan, but with strong demand, the company is ready to reach the level of 500,000.

The head of the Russian company AvtoVAZ indicated that this financial plan would be submitted for approval by the company’s board of directors.

Source: News