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GM-AvtoVaz reports over 16 percent increase in production

GM-AvtoVaz, a joint venture of US global car giant General Motors and Russia’s largest car maker AvtoVaz

SAMARA, October 4 (Itar-Tass) — GM-AvtoVaz, a joint venture of US global car giant General Motors and Russia’s largest car maker AvtoVaz, reported a 16.6 percent increase in the production in January-September as against the same period of last year, the car maker’s press service said on Wednesday.

Over this period 46,076 Chevrolet Niva cars have rolled off the production line.

The sales of Chevrolet Niva went up by 16.7 percent making up 46,323. Of them 2,124 were exported to CIS countries.

From the beginning of the production the car maker marketed 452,520 cars, including 33,712 – in CIS countries.

GM-AvtoVaz is a joint venture created in Russia’s Togliatti by General Motors, AvtoVaz and the European Bank for Reconstruction and Development.