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Press release MIMS Automechanika Moscow 2020

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May 12, 2021

AVTOVAZ increased sales 4 times in Russia in April

In April AVTOVAZ sold 37,931 LADA vehicles in the Russian market, which is 4 times higher than in the previous year. Recall that sales in the whole Russian market in April 2020 showed the lowest values in modern history due to the strict sanitary restrictions imposed in the country, the press service of AVTOVAZ reports.

May 11, 2021

Sollers received over 2 billion rubles of net loss under IFRS in 2020

At the end of 2020, Sollers Group received 66.0 billion rubles of net revenue under IFRS, which is 14% higher than a year ago. The growth in revenue is first of all due to the acquisition of a controlling stake in the Sollers Ford JV in the second half of 2019 and 2020 was the first full financial year when the joint venture was consolidated.

May 4, 2021