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November sales of AvtoVAZ increased by 22% in annual comparison

November sales "AvtoVAZ" grew by 22% YoY "AvtoVAZ (MCX: AVAZ)" summed up the results of Lada car sales for November 2020. According to the data cited in the message of the automaker, 38,064 vehicles were sold last month, which is 21.9% more than in November 2019 (31,217 units).

November sales set a new record for the month (the highest since December 2013 when sales were 38,948). Sales in the last month were influenced, among other things, by shipments of cars under the program of advanced state purchases of cars, the message explains..

Models of the LADA Granta family became the leader of sales in November (14 540 vehicles, plus 15.6% compared to November 2019).

LADA Vesta family models took second place (11,771 vehicles, + 35.3%).

In third place in terms of total sales are the passenger and commercial versions of the Largus family; 4,052 of these cars were sold in November.

"Record sales of LADA cars in November became possible due to the action of state and own LADA programs, as well as the launch of sales of special series of our popular models. The sales growth was also influenced by the supply of cars within the framework of advanced government procurement programs. Despite the high demand in the autumn months, we predict that the overall results of 2020 will be expectedly lower than the results of 2019, but it is obvious that during this difficult time we managed to maintain both the market share and the confident leadership of the LADA brand in Russia", - noted Olivier Morne, executive vice president of sales and marketing for the AO "AvtoVAZ", quoted in press release.

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