Granta sport versions
Vesta sw cross
4x4 3 door
4x4 5 door
4x4 urban 5 door
AVTOVAZ reports Q1 2017 results
In Q1 2017 AVG sold 61,447 LADA cars, 8% more than in the same period of 2016. LADA’s market share (passenger cars + light-commercial vehicles) increased by 1.3 points to 19.1%. This achievement was mostly driven by growing sales of LADA’s new generation models – Vesta and XRAY. Three LADA models achieved positions in the list of TOP10 bestsellers: LADA Granta (2nd), LADA Vesta (3rd), LADA XRAY (9th). AVG also sold 24,004 units of the Renault, Nissan and Datsun brands to its Alliance partners.
These positive commercial trends resulted in a revenue growth to 46.0 B-RUR, which is 20% better than in Q1 2016. The operating loss amounted to 1.0 B-RUR, and improved by 84% compared to Q1 2016. Part of the improvement of the financial results was driven by one-time effects, like the change of provisions.
AVG sees upcoming risks from raw material price fluctuations as well as potential market uncertainties due to the end of the Fleet Renewal program in H2 being substituted by new support measures from the Russian State. Export sales may also be affected by forex conditions. Nonetheless, the further development of the LADA model range (Vesta SW and SW Cross to be launched in H2 2017) as well as the further optimization of costs make AVG confident in further reducing losses in 2017, still confirming the objective to reach positive operating results in 2018.
LADA Granta liftback – production has been started in Togliatti
LADA Vesta SW Cross got Russian auto forum-2018 award
LADA – sales growth in February by 37%
LADA Granta City – citizens’ car
LADA is the winner of the «Residual value – 2018» rating
In 2017, AVTOVAZ increased LADA domestic vehicle sales by 17%, and Group revenues by 22%. The Group posted a positive operating margin of 0.7%, and a positive free cash flow
A new LADA dealership was opened in Belarus
Fabien Goulmy appointed LADA Director of Marketing
LADA finished 2017 with success
LADA: results of 2017
LADA appeared in the Moscow Car-sharing park
LADA Izhevsk has produced the 5-millionth car
Selcuk Cura will be appointed Executive Vice-President for Engineering of AVTOVAZ
LADA – continued sales success
LADA expands the export geography