AvtoVAZ: Revving Up for 2024 with a Bright Future Ahead!
Denis Manturov chaired an AvtoVAZ board meeting that highlighted impressive production plans, with a goal of 500,000 Ladas in 2024, amidst sanctions. They approved a major investment for the next year focused on local suppliers, demonstrating a commitment to technology sovereignty and employee support, especially for those impacted by service-related injuries.
Recently, First Deputy Prime Minister Denis Manturov held a board meeting for AvtoVAZ, the famed Russian automaker, and even got to play around with the Lada e-Aura, a sprightly little electric car. During the meeting, they pored over the company’s budget and production plans—sounds riveting, right? Despite the pesky sanctions pulling at their tires, AvtoVAZ is revving up for a bumper year, aiming to roll out a whopping 500,000 Ladas, which is like winning the lottery for Lada fans! The board gave the green light for a hefty investment program exceeding 45 billion rubles for 2024. Most of this cash will fund ambitious projects for their cars and engines—talk about a full tank! They’re also planning to maintain that grand production goal of 500,000 vehicles in 2025. The future’s looking bright, and the engines are likely just as shiny in Togliatti. The company is not just focused on profits; they’re all about the home team, with around 80% of their 1,650 suppliers hailing from Russia. Their commitment to localization means that their Lada models have a high score of over 4500 points in self-sufficiency—kudos for scoring without a penalty! Meanwhile, AvtoVAZ has shown it cares for its employees, especially those who serve and have faced challenges, by providing them with Ladas to ensure they don’t get left in the dust. And just when you thought they’d put their feet up after all that, AvtoVAZ continues to prioritize improving working conditions while developing new production lines. Looks like these automakers are chugging along just fine— gears turning, wheels spinning, and engines roaring!
AvtoVAZ holds a central spot in Russia’s automotive industry and is famed for producing the beloved Lada brand. In the face of economic sanctions, the company has taken commendable steps to bolster domestic manufacturing, focusing on increasing localization and supporting employees. Denis Manturov, who is deeply involved in steering the company through these turbulent times, plays a pivotal role in both production strategy and innovation, including ventures into electric vehicles.
In a nutshell, AvtoVAZ is powering through challenges with a big smile and an even bigger production goal. With clever investments, an eye on local suppliers, and a heart for its workforce, especially the heroes of the SVO, this car maker looks set to hit the road running—even if it’s more of an electric hum these days. So, buckle up; the Lada future is looking bright and electrifying!
Original Source: government.ru
