RUSSIA: AvtoVAZ suspends production in response to inventory build-up
AFP reports that Russian carmaker AvtoVAZ has decided to halt production for two weeks - October 26 to November 9 - in response to a build-up of stocks. Reports suggest that the company's recently started joint venture with GM making the Chevrolet Niva SUV is unaffected. According to the AFP report, between 75,000-77,000 AvtoVAZ vehicles - representing some 28 days of production - are currently ready for sale.
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