Automotive Sector

AvtoVAZ Returns to Cuba

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The Russian automobile manufacturer AvtoVAZ is returning to Cuba after an absence of 12 years.  AvtoVAZ will export 300 Lada vehicles, the Vesta and Largus models to the Island.  The first delivery of cars is set for November.  Depending on the success of the venture, a contract to continue the import of AvtoVAZ cars may be signed in 2018. At a press conference, the CEO at AvtoVAZ, Nicolas Maure, told reporters, “Last time we sold Cuba new cars was 12 years ago, and so the question now is how…

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