AVTOVAZ will increase prices for Lada in May – Avto43 Kirov

This was stated by the president of the company. What are the reasons

Soon prices for Lada cars produced by AVTOVAZ will rise. Company President Maxim Sokolov told reporters about this on April 25.

The reason for the increase in cost, according to Sokolov, was an increase in production costs, caused, among other things, by increased sanctions against the company. This forced the company to reconsider the prices of its products.

When asked whether there would be an increase in prices in May, the top manager replied that yes. The size of the increase will be determined soon.