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Cut-priced Russian car Lada Granta to go on sale in the European market struggle.
Russian automaker Avtovaz plans to begin sales of its low-cost car Lada Granta crisis hit in Europe is at a time when the large car manufactures such as Ford and Peugeot have announced plant closures in the region.
Car Supplies Lada Granta expected to start in 2013 for Germany, France, Serbia, Bulgaria, the Baltic countries and other countries that meet the Euro 5 emission standard, Interfax quoted a representative of a carmaker .
Euro 5 is a set of environmental requirements for new vehicles sold in EU member states that limit exhaust emissions.
Experts agree that compliance with international environmental standards is a prerequisite to try to enter the European markets for cars built in Russia should be more expensive for Europeans than for domestic motorists, while remaining well below the prices of other local models the price for Lada Granta in Russia varies between 8,000 and 13,000.
The new European health registrations fell nearly 11 in 2011, marking the fifth consecutive year of decline, according to Euronews.
successive closures of car factories and massive layoffs by people of Peugeot, Opel and Ford, are proof to the European market is in trouble, the European Commission said on Thursday it has committed to support the painful restructuring of the 'automobile industry.
At the Ford plant in Belgium 4,300 employees are regularly affected by layoffs, which comes before complete closure of the works, according to Euronews Earlier in October Ford spoke of his intention to reduce production capacity in Europe by 18, making it up to 355,000 vehicles per year General Motors is another tale of woe in Belgium, as he said it would close a plant in the country in 2016. Struggling french carmaker PSA Peugeot Citroen plans to cut 8,000 jobs Daimler also said it was facing problems and the manufacturer Mercedes says it has been the failure to improve its financial statements next year at the level it had initially promised because of the lower sales in Europe and increased competition in China in Italy, Fiat plans to stop production for two weeks from 26 November to its Italian plant in southern Pomigliano, according a union official speaking to Euronews such ruling means that more than 2,000 workers are put on a temporary layoff program.
At one time, the Russian authorities continue to announce ambitious plans to conquer the European market in 2011 growth figures and the first 8 months of 2012 made it a target to become the No. 1 market in Europe possible, Evgeniy Kudryashov, the head of the car department of the Russian Ministry of industry commerce and industry, told RT earlier the Russian market is expected to grow 12 4 2012, which currently holds the second place after Germany said Kudryashov .
Until now, Europe was not a popular export destination for Avtovaz, with only 3-5 of total exports from the region The Lada Granta, however, is not the company among the models export to Europe of the CIS countries represent the vast majority of export markets for Granta, which represents about 90 sales abroad of Russian automaker.
Assembly of the Lada Granta was launched in November 2011 and the model as in Russia become the most popular.
Cutprice Russian car Lada Granta to go on sale in the European market fight, Russian Lada, Granta, sale.
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