LuAZ Increases Output By 25.83% YoY In Jan-Mar To 6,006 Automobiles

Concorde Capital: According to LuAZ’s investment program, the company plans to produce 31,500 cars, 2,950 trucks and 1,700 buses in 2005. Nevertheless, after benefits for automotive producers were canceled in the state budget for 2005, the company announced that it may not meet the output volume targeted in its investment program.