AvtoVAZ to postpone corporate holiday due to interruption in component supply

MOSCOW, March 30 – RIA Novosti. AvtoVAZ postpones the corporate holidays of employees to an earlier date – they will take place from May 29 to June 19, instead of three weeks from July 24; such a decision was taken to avoid disruption due to an interruption in the supply of components. Message companies.

AvtoVAZ announced that in the spring of 2023, some component suppliers were informed of the cessation of supplies, violating existing agreements to resume supplies in 2023. “Therefore, from the second half of May 2023, uninterrupted vehicle production will become impossible,” the message reads.

“Currently, the company management has decided not to introduce a downtime for all lines, resulting in a sharp reduction in wages, but to postpone the paid combined company leave (previously scheduled for three weeks from July 24). Company, May 29 – June 19 ” said.

The company said such a measure gives AvtoVAZ time to “verify alternative parts and assemblies” while also accumulating stocks to resume production at the end of June. At the same time, the company does not revise its plan to produce more than 400 thousand cars in 2023, it remains in force.

AvtoVAZ, Tolyatti, Izhevsk and St. It has production facilities in St. Petersburg. In mid-May last year, the French Renault transferred its stake (67.69%) in AvtoVAZ to the state property of the Russian Federation. Now the brand consists of four model families: Vesta, Largus, Granta and Niva. Brand vehicle sales in 2022 amounted to 188.6 thousand vehicles (-46% as of 2021).