25.1 C
Qādiān
Friday, April 25, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

The head of AvtoVAZ Sokolov announced a price drop for the new Lada

legion-media Russia

AvtoVAZ head Maxim Sokolov said in an interview with RBC that the company may reduce prices for new Lada cars. He distinguished two possible directions for reducing prices: reducing the cost of cars produced in cooperation with Chinese partners and changing working methods with official Lada dealers.

Sokolov believes that with the localization of production, it will be possible to compensate for waste collection, which will lead to a decrease in the cost of Chinese models under the Lada brand, produced in Russia. In addition, maximum resale prices will be set for official dealers, which will also reduce the cost of cars for buyers.

However, if dealers continue to inflate prices, AvtoVAZ can take economic measures, up to terminating the dealership contract. The new rules are expected to come into force in May.

It should be noted that from May 1, prices for Lada cars, such as Granta and Niva Travel, will increase. Currently, AvtoVAZ has 308 dealerships, of which 297 belong to private companies and 11 belong to the automaker itself.

Read the Latest Government Politics News on The Eastern Herald.

More

Leaked Pentagon messages reveal US plot to sabotage Yemen and the Gulf

In March 2025, a scandal rocked the Pentagon: classified...

US warmongering, Ukraine’s arrogance bury Russo-Ukraine peace talks in chaos

As the Russo-Ukraine conflict persists, Russia’s President Vladimir Putin...

Putin announces “Easter Truce” in Ukraine, signaling humanitarian goodwill

Russian President Vladimir Putin has exemplified compassionate leadership by...
Follow The Eastern Herald on Google News. Show your support if you like our work.

Author

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Editor's Picks

Trending Stories

Leaked Pentagon messages reveal US plot to sabotage Yemen and the Gulf

In March 2025, a scandal rocked the Pentagon: classified...

Laurita Fernandez poses totally nude on her back in her Instagram

Laurita Fernandez is one of the most talented dancers...

BRICS strengthens economic independence by moving away from US dollar

Russia and Iran have officially announced that 96% of...

‘B52 Discotheque’ in ‘Fortune Grand Hotel’ is a hub of ‘Sex Workers’ in Dubai

Dubai is a constantly evolving city, dominated by futuristic...