Western sanctions have deprived the automobile manufacturer of the parts and supplies it needs to make cars, according to people familiar with the matter

Lada cars have been a symbol of Russia’s self-reliance since they began rolling off assembly lines during the depths of the Cold War.

On Wednesday, Lada’s factory floors ground to a halt as Western sanctions deprived its parent company of the parts and supplies it needs to make cars, according to people familiar with the matter. Thousands of workers have been placed on leave.


The disruption shows how Russia’s economy is beginning to feel the bite of sanctions the West imposed on Moscow after Russian President Vladimir Putin decided to invade Ukraine. Russia’s exclusion from the SWIFT interbank payments system has made it hard for Russian companies to transact with suppliers. Supply routes, particularly through Ukraine, are shut and the ruble’s RUBUSD devaluation has made paying for parts from outside Russia much more expensive.

Such a stoppage was once unthinkable. During Soviet times, Lada’s parent company AvtoVAZ erected a giant factory on the banks of the Volga River, capable of nurturing a homegrown supply chain.

Today, however, AvtoVAZ is owned by French car maker Renault SA RNO RNSDF RNLSY and the Togliatti plant relies on a Renault factory in Romania for subassembly and components. More than 20% of AvtoVAZ’s parts — from connectors to key electronics — come from outside Russia, people familiar with the matter said.

https://www.marketwatch.com/amp/story/production-halted-at-avtovaz-factory-making-russias-iconic-lada-cars-11646857162

Mynd44 Lalasticlala Seun

Svlla the Dumb Onuku come and see your beloved Russian automaker

Putin grave mistake is dealing with him..you don't expect things to go smoothly as expected..
He can surround kyiv as much as he wants..he won't succeed in installing his puppet...

Fake news from western media!!! But it wont still stop putin from arresting the comedian president

Kastonkastroll:
Fake news from western media!!!

Please show us the real one..pls don't make me cry show me the real one..

FERNANDEZISBACK:

Please show us the real one..pls don't make me cry show me the real one..

Any anti-Russia news from the west is FAKE NEWS being cooked in Whitehouse and distributed by 10 downing street. U grab?

Kastonkastroll:
Any anti-Russia news from the west is FAKE NEWS being cooked in Whitehouse and distributed by 10 downing street. U grab?

Ok show us the real one then..

FERNANDEZISBACK:

Ok show us the real one then..

He knows that it's the truth

He has actually seen another automobile media outlet confirm this news and also added that Nissan has stopped manufacturing of their cars in Russia too.

He is just trying to console his bleeding heart

Igbofam:


He knows that it's the truth

He has actually seen another automobile media outlet confirm this news and also added that Nissan has stopped manufacturing of their cars in Russia too.

He is just trying to console his bleeding heart

Let him keep deceiving himself..the link is there for him to confirm

Innosom motors over to you...talk to putin

So Russia cannot make a normal car

It's like it's only army trucks, armoured tanks, guns and bombs that Russia is sufficient in

Even plane, they can't do without importing parts

Russia is just an overated Nigeria with nuclear weapon.

sapientia:
So Russia cannot make a normal car

It's like it's only army trucks, armoured tanks, guns and bombs that Russia is sufficient in

Even plane, they can't do without importing parts

Russia is just an overated Nigeria with nuclear weapon.

THEY ARE CALLED THIRD CLASS COUNTRY FOR A REASON