The head of the Ministry of Industry and Trade of the Russian Federation, Denis Manturov, said that the ministry will do everything possible to produce the maximum Lada line at AvtoVAZ, regardless of the scenario that Renault decides on.

“With Renault, I think colleagues will have to say this separately, but we are in dialogue with them. These are parallel tracks on “Avtoframos” [в настоящее время – ЗАО “Рено Россия”], and according to AvtoVAZ. As for AvtoVAZ, it is somewhat simpler, meaning the replacement of suppliers from friendly countries who are ready to supply these components, thus replacing the missing ones. ”, the minister said. And added: “We are doing everything to ensure that the widest possible range is produced at AvtoVAZ”.
The Minister believes that in the current situation, a lot of opportunities are opening up for Russian enterprises producing auto components. “For this purpose, we specially created a program with state support for soft loans through the FRP with the ability to partially compensate for the write-off of the volume of loans provided when starting production.”– said Denis Manturov.
The head of the Ministry of Industry and Trade expects that the situation with car sales in the Russian market will improve, despite the fall in the first quarter.
“I can tell you that the first quarter says nothing. Why? Because until February we had growth, March – there was a fall. We must change, first, and adapt to the situation through the change of logistics. Let’s see what happens in the second quarter. It seems to me that the situation will change for the better, so today I would not give any pessimistic forecasts”the minister said.
Source: ixbt

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