AvtoVAZ plans to sell around 600,000 cars in Russia in 2009, Boris Alyoshin, the company’s president, told reporters Monday.

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In 2008, AvtoVAZ sold 622,000 cars in Russia, down 6% on the year, the company said earlier.


The plan looks optimistic given that analysts are saying that the market could fall 25-50% this year. Russia’s market has gone into sharp reverse due to the financial crisis and a lack of credit availability for car loans.


However, AvtoVAZ cars are around 20% cheaper to buy than foreign brands built in Russia.

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