This week in France, a meeting of the Renault Group Board of Directors was held, at which it was decided to immediately suspend activities at the Renault Moscow plant.
Regarding Renault’s latest statement, AvtoVAZ management is closely monitoring the situation and is in constant contact with the federal and regional authorities, as well as with the company’s shareholders. In a press release on the official website of Lada, they explained what the AVTOVAZ group is doing to normalize work.
In recent weeks, all possible measures have been taken to ensure the preservation of the jobs of a team of 40,800 employees. In particular, the Company has made the decision to postpone the 2022 corporate summer vacation to April 4-24, during which we will make every effort to restore our supply chains.
Besides, active work is underway to replace some critical imported components with alternative solutions. The company is also preparing special versions of some Lada models, which will be less affected by imported components.. They will gradually become available to our customers in the coming months.
The AvtoVAZ Group strives to fulfill its obligations to its employees, suppliers, dealers and partners throughout the Russian Federation and in export markets.
AvtoVAZ
Source: ixbt
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