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AvtoVAZ bye to "classic"

March 18 2006

President of OAO AvtoVAZ, Igor Yesipovsky said that the company intends for three years to replace the "classics" in the number of new models.

"Overall, we intend over the next three years to develop 12-15 new models and put them into mass production" - he said.

Replacement due to the fact that models the "classics" do not meet modern requirements and therefore the plant should start production of new models.

Introduction of new models will require considerable financial investments. To introduce the range of "tenth series" Plant has invested more than 1 billion rubles, according to Interfax .

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