AVTOVAZ resumed the work after a corporate holiday

AVTOVAZ resumed the work today after a three-week corporate vacation, which, we recall, was postponed from the upcoming summer to spring due to the ongoing crisis in the supply of electronic components and in order to prevent a significant reduction in employees' earnings. The agency "AUTOSTAT" was informed about it in the press service of the enterprise. Recall that during the corporate vacation, the company planned to accumulate the necessary stock of components to ensure more stable operation of enterprises in Togliatti and Izhevsk from April 25, as well as in May 2022.

Meanwhile, as previously reported, due to the forecast of the Russian car market and the ongoing crisis in the supply of electronic components, AVTOVAZ introduces a 4-day working week at production sites in Tolyatti and Izhevsk from June 6th, 2022 for a period of 3 months. The reduced regime applies to 100% of AVTOVAZ employees. According to the results of the first quarter of 2022, Russian LADA dealers sold 52,712 cars, which is 37% lower than the figure for the same period of the previous year. As a result, the market share of LADA since the beginning of the year was 19% against 21.7% a year before, according to the AEB.