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LADA Vesta set a new sales record · 2018-11-07 09:42

AVTOVAZ published financial statements under IFRS for 9 months of 2018. The company successfully maintains LADA’s market share in Russia at a record high of 20%. The termination of some measures of state support of the market in may 2018, the slowdown in the growth of the automotive market of the Russian Federation and fluctuations in the exchange rate remain significant factors affecting the financial results of the Togliatti auto giant.

During the 9 months of 2018, 259 129 LADA cars were sold on the Russian market, which is 17% more than in the same period of 2017. LADA brand held the highest market share of passenger and light commercial vehicles in Russia over the past few years – 20% (+0.4 PP to 9 months of 2017), the press service of AVTOVAZ.

During the reporting period, the LADA Vesta family set a new sales record – 76 189 cars (+39.5% to the results of 9 months of 2017). The new LADA Granta, which started on the market in September 2018, was warmly welcomed by consumers, and by the results of the first month of sales of new items the family took 1st place in the ranking of sales with 9,936 sold cars.

Four models of LADA are in the TOP 10 most sold models in Russia – LADA Vesta (1st place), LADA Granta (3rd place), LADA Largus (7th place) and LADA XRAY (9th place).

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