AvtoVAZ to halt assembly at plants from Sat amid parts deficit

MOSCOW, Mar 3 (PRIME) -- Russian largest carmaker AvtoVAZ will suspend cars assembly at its plants in Izhevsk and Togliatti due to a disruption in electric components supplies, the company said in a statement on Thursday.

“Due to the ongoing crisis in the supply of electronic components and in order to prevent a significant decrease in the level of income of the company’s employees, the administration of AvtoVAZ has made the following decisions about the work schedule of the Togliatti and Izhevsk facilities: March 5, 2022 is declared a day of downtime with pay. The period from March 9 to 11 is declared a downtime day with pay at the rate of two-thirds of average monthly earnings,” the company said.

The employees of the company can use these days as vacation days with full pay, with a transfer from December 2022, the company said.

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