Sales

AvtoVAZ, Chinese automakers boost Russian market share as others exit

Lada production Russia
The assembly line of AvtoVAZ's Lada plant in Izhevsk is pictured. (REUTERS)
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By:
Bloomberg
September 06, 2022 01:09 PM

AvtoVAZ, Russia’s biggest automaker, increased its share of the local market last month despite failing to overcome a decline in annual sales, while Chinese companies also took advantage of an exodus of western companies.

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