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AvtoVAZ announced positive financial dynamics in 2026

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Photo: IZVESTIA/Eduard Kornienko
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AvtoVAZ Group maintains the positive dynamics of financial results in the first quarter of 2026 and maintains Lada's leadership in the market with a share of 25%. The press service of the automaker informed Izvestia about this on April 10.

AvtoVAZ stated that throughout the year, financial results will be affected by the possible risks of stagnation in sales among all market players, as well as the potential for market growth due to a potential reduction in the key interest rate and increased availability of credit instruments, as well as the achievement of the national currency exchange rate values beneficial for export activities.

In the first three months of 2026, 65.5 thousand Lada and Xcite brand cars were sold through the dealer network. The company stressed that the sales dynamics from January to March "showed steady positive values and corresponded to the forecast indicators of the financial model," and significant sales support was provided by a decrease in prices from January 1 for Lada Aura by 354 thousand rubles (-14%) and for Largus by 73 thousand rubles (-3.8%), as well as an increase in There is no demand for Niva family cars, including the Travel model with a new 1.8-liter engine.

AvtoVAZ announced the achievement of positive financial results in the first quarter of 2026 in terms of both operating and net profit. The profit earned will be used to finance the investment program.

Maxim Sokolov, head of AvtoVAZ, stressed that the group's financial performance has remained positive since 2022.

"We intend to maintain a positive trend throughout the year, ensuring a large-scale investment flow of more than 40 billion rubles and launching the latest Lada Azimut crossover in the third quarter. AvtoVAZ, being a state—owned company, will continue to operate on a standard work schedule and make every effort to strengthen its contribution to the country's economy," he added.

On April 9, AvtoVAZ reported on the next set of tests of the Lada Azimut crossover. The new model has passed tests to verify its reliability and adaptation to the roads and climate of Russia. The crossover was tested in climate chambers, which allow you to set the temperature in the range from +60 to -50 degrees.

All important news is on the Izvestia channel in the MAX messenger.

Переведено сервисом «Яндекс Переводчик»

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