The largest Russian manufacturer of passenger cars, the company “AVTOVAZ”, laid in ROSBANK car 1.33 billion. It is reported by TASS.
In addition, the company has issued a Deposit in the “savings Bank” — talking about cars, and about the tools, equipment and components. The amount of collateral not disclosed. ROSBANK and Sberbank are the lenders of “AVTOVAZ”.
In 2015 “AVTOVAZ” showed a record net loss of 74 billion rubles. In April 2016, Minister of industry and trade Denis Manturov said that for improvement of the enterprise budget is not required. In addition, the possible recapitalization of the company will not affect the cost of cars Lada. “Prices adjusted by the market, and higher prices for cars — is primarily a mirror of the market. If the market is not in demand these prices, the products will not be sold” — he said.
At the end of April it became known that the Volga car factory prepares the renewal of the product range, new products will be presented at Moscow international automobile salon (MIAS). We are talking about the updated sedan and liftback Lada Granta. In addition, the model Granta will receive a new body type — universal and version Cross. Lada Kalina, by contrast, will lose the station wagon and modifications of the Cross, so as not to compete with similar modifications Granta.
Lada sales in April for the first time in the last two years has shown a positive trend over the same period last year. Per month were sold in Russia 24 648 cars of the Volga car, which is 7.8 percent more than in April 2015, and 10.7 percent more than in March of 2016. According to preliminary estimates, the share of brand in the Russian market has reached 20 percent.
In April of current year “AVTOVAZ” was replaced by the President: the Swede Bo Andersson left the company, replaced by Nicolas Mora, which was led by the Romanian unit of the Alliance Renault-Nissan — Dacia name. One of the key complaints about the work of the previous head was that he was overly fond of the procurement of foreign parts for domestic cars, and it’s not like the Russian shareholder of “AVTOVAZ” — the state Corporation “rostec”.
