AvtoVAZ raised prices for some models of Lada, on average, 4.5%

AvtoVAZ raised prices for some models of Lada, on average, 4.5%


Moscow. 15 February. “AvtoVAZ” from the 15th of February, raised the prices of four models of Lada cars in average by 4.5%.

“The price increase has affected vehicles with PTSD 2016. In particular, the prices for Lada Granta increased by 4.6%, Lada Largus – 5.3%, Lada Kalina – 4.8%, Lada 4×4 – on 3,4%”, – reported in press center of “AVTOVAZ”.

A company spokesman stressed that the cost of cars Lada Priora, Lada Vesta and Lada Xray remained at the same level.

In 2015 “AVTOVAZ” four times raised prices for its cars, most recently in September, when the price of the entire range, except Lada Priora, increased by 3%.

It was also reported that the sales of AVTOVAZ in Russia in 2015 fell by 30.5% to 96 269 thousand pieces. The share of Lada in the Russian market increased by 1.5 percentage points to 17.9%. Group net loss of AVTOVAZ under IFRS in 2015 increased 3 times and amounted to $ 73,851 billion, and revenue declined by nearly 8%, to 176,482 billion.