Lada launches the new Granta Classic Sedan with all Russian-made components – but without anti-lock braking system, modern seat belts or satellite navigation. Following Vladimir Putin’s invasion of Ukraine in February, Russia’s heavily dependent on imports has been hit hard. Donbass “holds”, says Zelenskyy – watch live updates on Ukraine Costs have skyrocketed and manufacturers have not been able to access luxury technology from abroad. Lada, which is owned by the parent company Avtovaz, claims that the car is the cheapest on the Russian market at 675,900 rubles (.5 9,500). He claims that this will help alleviate Russian inflation, which has risen since late February. Avtovaz was forced to close its main plant in Togliatti in March and had to accept only one ruble (1pm) for the 67.7% stake in French state-owned Renault after relinquishing its ties due to the invasion. Bought by a research team affiliated with the Russian government. Avtovaz’s newly appointed boss, Maksim Sokolov, said: “Today, after a long hiatus, Avtovaz has resumed car production. “We must further produce the most popular and economical cars on the Russian market, which do not depend on the lack of imported parts.” Follow the Daily Podcast on Apple Podcasts, Google Podcasts, Spotify, Spreaker
