Following results of 2023, AVTOVAZ increased the car production to 374,077 units. Moreover, the production volumes of LADA cars at the Tolyatti site have become record-breaking over the past 10 years. By the end of the year, there were 16 versions in the production range, while production of 16-valve engines was resumed, and all models were transferred to Euro-5 standard. More than 1,200 parts, assemblies and materials were localized and replaced.
In 2023, the LADA brand increased its share in the Russian automotive market and reached record levels over the past 20 years – about 35%. LADA remains the best-selling car in the Russian Federation, and following results of the reporting period, LADA Granta took the first place in the ranking of the best-selling models again. The brand's bestseller simultaneously updated its annual sales record with 206,116 cars sold.
NAPI (National Industrial Information Agency)