AvtoKrAZ Automobile Sales Up 50% yoy in 4M07

According to AvtoKrAZ (KRAZ: HOLD), the company boosted automobile sales by 50% yoy January-April 2007 to 1,395 units. In 2007 the company plans to increase production by 20% yoy to 4,200 automobiles. Olha Pankiv: The high yoy growth is due to atypically low sales at the beginning of 2006. In January-April AvtoKrAZ reached average monthly sales, which if preserved further in 2007, would confirm our projection of sales of 4370 trucks during the current year.