Moskvich plans to sell less than 30 thousand cars in 2024 – Auto43 Kirov

This means that the plant will remain unprofitable for now.

According to information received by TASS, General Director of KAMAZ PJSC Sergei Kogogin announced plans of the Moskvich plant to sell 26 thousand vehicles by 2024.

He also stressed that the company is not looking for a new technology partner and is focusing on improving the current product. Currently, the Moskvich automobile plant is collaborating with the Chinese company JAC Motors.

Kogogin previously said that the plant’s break-even level is 40 thousand sales per year, and last year it sold 15.3 thousand new Moskvich cars.