Exports of GM-AVTOVAZ in 2015 decreased by 40%

Exports of GM-AVTOVAZ in 2015 decreased by 40%


SAMARA, January 20 ./Interviewer Alexey Sokolov/. Exports of GM-AVTOVAZ in 2015 decreased 40.4%, reported the press service of the company.

“The reduction in exports caused by the decline in consumer activity in major markets, Chevrolet Niva – Kazakhstan and Azerbaijan – due to the weakening of national currencies”, – noted in press service.

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Only by the end of 2015, the company exported 2 374 Chevrolet Niva. In 2014, shipments amounted to 3 981 cars. The largest external market for the enterprise in 2015 remained of Kazakhstan (39.8% of exports). The Ukrainian market was 27.4% of exports and 11.5 per cent on the market of Belarus.

In 2016 the volume of deliveries of Chevrolet Niva exports will depend on demand in foreign markets. Priority is the preservation of the positions on the markets of CIS countries, said the press service.

GM-AVTOVAZ is a joint venture of AVTOVAZ and U.S. General Motors in Togliatti. Produces the Chevrolet Niva vehicles since 2002.

Sales of GM-AVTOVAZ by the end of 2015 compared with 2014 fell by 24.5% to 34 726 cars. Production volumes decreased by 24% to 34 218 pieces. Since the beginning of the production sold 606,6 thousand cars, including 44.7 thousand in the CIS countries.