In Tolyatti, AvtoVAZ will suspend car production from March 5 due to a shortage of components. The Vedomosti newspaper writes about this, specifying that the duration of the downtime is unknown.
Later, information appeared that AvtoVAZ was indeed stopping production in Tolyatti and Izhevsk, but only for four days.
The ambiguity, according to one of the publication’s sources, is due to the fact that the company may not have units from Bosch, which is a key supplier of microelectronics for AvtoVAZ.
“I’m afraid they may suspend production in Russia,” he said.
It is also noted that due to rising exchange rates, automakers began to raise prices and stop the shipment of cars in order to establish their new cost. From March 1, AvtoVAZ increased prices by 10-20%.
According to independent automotive industry consultant Sergei Burgazliev, AvtoVAZ may not have clarity on the cost of components due to sharp fluctuations in exchange rates, and there are also problems with logistics. In his opinion, the plant's downtime could last at least two weeks.
On February 24, Russian President Vladimir Putin announced the start of a special military operation in Ukraine. Its goal is the demilitarization and denazification of Ukraine, the protection of people in Donbass who are “subject to genocide.” There are battles in Ukraine, several cities have been captured. There is no exact data on the number of dead and injured. The Russian Ministry of Defense reported that 498 Russian military personnel were killed during a special operation to demilitarize Ukraine. The Russian Ministry of Defense reported 498 Russian military deaths and 1,597 wounded.
Almost 6 thousand people were detained at anti-war rallies throughout Russia. Of these, about ten people are in Tomsk.
Western countries have imposed tough sanctions against Russia. Among those who have already reported the suspension of shipments and/or production of cars in Russia are Volkswagen Group Rus (Audi, Volkswagen, Skoda, Porsche, Lamborghini, Bentley and Ducati motorcycles), General Motors (Chevrolet and Cadillac), Jaguar Land Rover, BMW , Renault, Hyundai, Toyota and Lexus. Allows production to be suspended due to delays in the supply of Nissan components.