Automotive Sector

The AVTOVaz Lada Returns to Cuba

• Bookmarks: 33


AVTOVAZ, the Russian car manufacturer, has just announced in a press release that the new Ladas will be delivered to Cuba in a matter of days.  This past August, AVTOVAZ announced they would be returning to Cuba after an absence of 12 years.  The importance of this announcement is that this is the deal to be watched closely by the entire automobile industry.  The success of the AVTOVAZ deal is crucial, in that respect.  Significantly, it could establish the future business model for automobile exports to Cuba.  The Russians are already big players in the Cuban market and held a large presence at this year’s recent FIHAV trade fair. “The first batch of LADA cars – 344 pcs of LADA Vesta Sedan and LADA Largus Cross…

TO READ THE FULL STORY:

 SUBSCRIBE

 SIGN IN

Unbiased reporting on economic news and business developments in Cuba by industry sector

 

comments icon1 comment
bookmark icon

One thought on “The AVTOVaz Lada Returns to Cuba

    Write a comment...

    error: This content is copyright protected.