AVTOVAZ has significantly decreased sales in Europe

Sales of Lada cars in the European Union for the first 5 months of this year fell against the backdrop of a pandemic coronavirus infection COVID-19 2.4 times yoy to 835 cars.

including may sales fell 3.2% to 128 units, reports PRIME, citing data from the European automobile manufacturers ‘ Association (ACEA).

Recall that on 3 June it became known that the Lada brand in Russia’s largest plant for the production of passenger cars “AVTOVAZ” has left the EU market. The reason for this decision was the tightening of environmental standards on emissions, indicated Газета.Ru with reference to the representative distributor of Lada cars in the EU and confirmation of “AVTOVAZ”.

Dealers of Europe ceased to cars Lada: the last batch was shipped from a warehouse dealer of “AVTOVAZ” in Germany in March 2020, and the new machines will be gone.

However, the group does not consider financial losses from withdrawal from the European market are significant. However, the reputational losses for Russia “AVTOVAZ” is rated as substantial. Cars of Lada brand was exported to Europe since the days of the Soviet Union and was one of the most difficult Soviet and later Russian goods.

we also Add that in may, which was the second month of work in the conditions imposed epidemiological limitations, AVTOVAZ sold in Russia 16 thousand 663 passenger cars and light commercial vehicle (including model Niva), which is for 65.7% more than the result of April 2020. However, yoy may the sales of cars fell by 42%.

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