AVTOVAZ goes on summer holidays

AVTOVAZ is going on a scheduled corporate vacation, which will last from July 27th to August 16th, 2020. Also, the production sites LADA Izhevsk and LADA Zapad Togliatti will have the summer holidays, the press service of the automaker reports. As noted, at present the company has prepared a sufficient stock of commercial vehicles, which will ensure the availability of all models in the LADA dealer network. In June AVTOVAZ sold 28,020 LADA vehicles in the Russian market, which is lower by 9% than a year before. Despite the extremely negative trend due to the global pandemic and fluctuations in exchange rates in April and May; AVTOVAZ records the beginning of a gradual recovery in the market demand.

According to the results of six months of 2020, Russian dealers of LADA sold 132,596 cars, which is lower by 24% than a year ago. As AUTOSTAT previously reported, AVTOVAZ will keep a full five-day working week until August 31st, 2020. The company had previously planned to switch to a reduced four-day work week from June 29th, 2020. The company's management decided to keep a full working week in July and August of 2020 due to an increase in compare with the previous month in orders for new cars for July and August from dealers, partners, organizations and departments carrying out corporate and government procurement. Nevertheless, AVTOVAZ does not exclude the introduction of a 4-day working week regime, starting from August 31st, 2020. This is a measure that the company will use to preserve jobs and staff in the event of a negative scenario of the market situation in the autumn. The final decision will be made at the end of August of 2020.