AVTOVAZ spoke about its export policy

The Russian car manufacturer LADA - AVTOVAZ - reported that within the medium-term development plan, the regions of the Middle East and North Africa are in the scope of its export activities. According to the press service of the company, currently LADA is developing successfully its activities with partners in Lebanon, Jordan, Egypt and Tunisia.

“AvtoVAZ’s main shareholder, Groupe Renault, provides full support to the further development of LADA’s export geography in new potential markets, with the exception of Iran. In Iran, AvtoVAZ doesn’t sell LADA and it has not developed any other projects since May of 2018,” - says the official statement of AvtoVAZ.

Meanwhile, as previously reported AUTOSTAT, deliveries of LADA cars to the EU countries will be stopped. At the same time, as it was noted at AVTOVAZ, this decision is temporary in nature, and the company plans to return to the European market later.