Overview
- President Maxim Sokolov announced the decision at a Federation Council roundtable, as reported by RIA Novosti on November 25.
- He said the company will reach roughly 45 billion rubles of investment in 2025 and aims for similar spending in 2026.
- Sokolov noted last year’s investment totaled nearly 40 billion rubles, indicating a year-over-year increase.
- Local projections indicate the Togliatti plant will produce 274,000 vehicles in 2025, about 40% less than in 2024.
- The Togliatti facility has moved to a four-day workweek through March 28, 2026, citing weaker demand and a reduced production plan.