Car sales in the country could drop by as much as 25-50% in 2009, according to PricewaterhouseCoopers (PwC).
GM-AvtoVAZ plans to lay off about 400 employees as a result of its decision to reduce output and switch to a one-shift schedule, Prime-Tass reported. The automaker did not detail how much it intended to reduce production. Output last year dipped 0.7% to 54,654 units.
The plant makes Chevrolet Niva models.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
