Avtoframos has suspended production until May 11 due to lower sales in Russia this year.
Go deeper with GlobalData
A spokesperson for the company told Prime-Tass that Avtoframos will also switch to a two-shift workday from a three-shift workday that is presently in place.
Avtoframos is a joint venture of the Moscow city government and Renault, which owns 94.1% in the plant.
In 2008, Avtoframos assembled 72,718 Renault Logan cars. The plant’s production capacity amounts to 80,000 cars per year.
Since the start of the year several car factories in Russia have temporarily suspended production over rising prices for auto parts and other supplies and declining sales amid the financial crisis.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
