AvtoVAZ says hopes to occupy 10% of Uzbekistan's market

TASHKENT, Apr 26 (PRIME) -- Russian carmaker AvtoVAZ plans to produce 15,000 Lada Vesta NG cars in Uzbekistan per year and to occupy 10% of the market in the future, CEO Maxim Sokolov said Wednesday.

"We plan to resume output – the main thing is for our partners to be ready – at the level of 15,000 cars per year,” Sokolov said.

”Our target in general stands at 30,000 cars per year, which means 10% of Uzbekistan's market that amounts to 300,000 cars today, but this will not be only Lada Vesta. It will take several models, including Lada Granta."

AvtoVAZ plans to switch from semi-knock down to full car assembly gradually in the country, he said.

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