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Losses of AvtoVAZ set an "anti-record"

Losses of AvtoVAZ set an "anti-record"

The domestic auto industry suffers huge losses.

During officially announced by the financial statements revealed that AvtoVAZ has brought in 2015 was not profit, but only huge losses in the order of 74 billion rubles. Experts believe that domestic cars are very few people are interested in their relatively high cost and not always good quality, compared with foreign-made cars.

It is assumed that if the situation in our country will become aggravated, the domestic auto industry and all can wallow in the pits of debt, and in this case even the infusion from the state budget are unlikely to help provide decent support for the Russian automotive industry.

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