Russian automaker Avtovaz is doing very well despite all the sanctions imposed on Russia by the West.
RT:
Sales by Russian automobile producer AvtoVAZ reached their highest level in a decade last month, the company announced in a statement this week.
In October, the carmaker sold 40,912 Lada vehicles – both passenger and commercial – which was nearly 114% more than in October 2022, and represents the best result in the past 10 years, the company said.
Cars from AvtoVAZ’s Lada range now account for 40% of Russia’s domestic passenger car market, the statement added.
According to the manufacturer, overall Lada sales in January-October this year were 98.4% higher than in the same period of last year, with various models setting their own records.
AvtoVAZ is the largest carmaker in Russia and Eastern Europe, producing over one million vehicles per year.
The West’s sanctions on Russia have totally failed. How many more stories do we need to see that prove this? They have hurt the West economically more than Russia.
The total losses of the EU from their self-imposed sanctions and from cutting of economic ties with Russia are $1.5 trillion.
Winning, Von Der Leyen Style. pic.twitter.com/V2q0WOmVs9
— Chay Bowes (@BowesChay) November 3, 2023
Russia does not need the West. This should have been obvious to any economist of average intelligence.
It doesn’t matter though. These people are just continuing to double down on being stupid.
The European Commission will soon publish the 12th package of EU sanctions on Russia, which will include fresh import and export bans as well as an increase in the oil price ceiling, EC President Ursula von der Leyen said at a press conference in Kiev:https://t.co/ZyuoM63nKL pic.twitter.com/9lR3AoqO8j
— TASS (@tassagency_en) November 4, 2023