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RUSSIA: AvtoVAZ production down 4% in January-August 2005

By just-auto.com editorial team | 15 September 2005

AK&M (Russia) reports that AvtoVAZ produced 459,380 units in January-August 2005, down 4 percent from the same period a year ago.

Of that total, some 64,220 units were produced for export, up 3 percent on last year.

In August AvtoVAZ assembled 65,380 vehicles, an increase of 5,5 percent, including 8,770 units for export.

AvtoVAZ is the largest manufacturer of passenger cars in Russia. Company's revenue for the year 2004 amounted to 160 billion rubles, net income made up 4.5 billion rubles.