The FINANCIAL — According to RIA Novosti, a GM-AvtoVAZ plant, which produces the Chevrolet Niva off-road model, resumed production on July 27 following a two-week summer holiday, a company spokesperson said.
Production was halted according to schedule from July 13 until July 27 and in line with the practice of taking a summer holiday period at the plant.
"The assembly line has resumed work on schedule," the spokesperson said.
The joint venture between the U.S. auto giant General Motors and leading Russian car manufacturer AvtoVAZ was established in 2001.
The assembly plant in Togliatti, on the Volga River, produced 53,300 Niva vehicles in 2008, representing a 2.38% drop in production year-on-year.
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