AvtoVAZ plans to resume production of Lada Granta from June 8

Europe

AvtoVAZ said it will resume production of its best-selling Lada Granta model from June 8, after partially halting production in March due to a shortage of electronic parts because of Western sanctions on Moscow.

Renault struck a deal in May to sell its majority stake in AvtoVAZ to a Russian science institute, reportedly for the symbolic sum of just one ruble, with a six-year option to buy it back.

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