Business news from Ukraine

RELAUNCHED ZAZ MANUFACTURES 277 PASSENGER CARS IN APRIL

13 May , 2015  

KYIV. May 13 (Interfax-Ukraine) – The UkrAVTO Corporation’s PJSC Zaporizhia car plant ZAZ, which resumed operating at full capacity in April 2015, manufactured 277 passenger cars, while its output in March 2015 was a mere 5 cars.

At the same time, output in April 2015 against April 2014 plunged by 85.8%, Ukrautoprom Association has reported.

In April 2015, ZAZ did not manufacture trucks and buses, whereas in April 2014 it produced 35 trucks and 17 buses.

ZAZ passenger cars output fell by 96.5% in January-April 2015, to 282 cars, while bus output dropped by 87.2%, to four buses, and it did not produce a single truck (240 trucks in the first four months of 2014).

As reported, ZAZ has drawn up a vehicle manufacture schedule for one quarter and its further plans will be unveiled after the first half of 2015 due to the unclear prospects for development and the current situation of the Ukrainian new vehicles market

Previously, the plant had said that production was being restored gradually. In March the component workshops started operation and welding of the car bodies began in early April.

ZAZ currently manufactures Lanos, Sens, Lanos- van, Forzа, and Vida cars. It also produces trucks and buses using TATA components.