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March 23, 2010

RUSSIA: Government OKs AvtoVAZ till 2020

Russia's economic development ministry has approved automaker AvtoVAZ' strategy for the period until 2020, deputy economic development minister Andrei Klepach has said.

Russia’s economic development ministry has approved automaker AvtoVAZ’ strategy for the period until 2020, deputy economic development minister Andrei Klepach has said.

AvtoVAZ said earlier that, under the strategy, its output was projected to exceed 1m vehicles per year by 2020.

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