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100 new news items in the last 24 hours
23 July 08:16

Russian carmaker Avtovaz may introduce a four-day working week from September amid falling sales and competition from Chinese manufacturers

Raluca Ioana Draghici
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International
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Avtovaz, known for its Lada brand, is announcing the possible implementation of a four-day work week from September in response to a 25% drop in sales and high interest rates affecting car loans. The company faces stiff competition from Chinese imports, which now account for over 50% of the Russian car market. Avtovaz, with more than 30,000 employees, has applied similar measures in the past and received state aid to avoid massive layoffs. The final decision will be taken after a detailed market analysis.

Sources

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News.ro
Avtovaz, cel mai mare producător auto din Rusia, ia în calcul să reducă săptămâna de lucru la patru zile, pe fondul scăderii vânzărilor şi al concurenţei chineze
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Economedia
Avtovaz, cel mai mare producător de automobile din Rusia, ar putea scurta programul de lucru, la patru zile pe săptămână
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Hot News
Cel mai mare producător de autoturisme din Rusia, AvtoVAZ, vrea să scurteze săptămâna de lucru, din cauza prăbușirii pieței auto
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Observator news
Avtovaz, cel mai mare producător auto rusesc, vrea să reducă săptămâna de lucru la 4 zile. Vânzările au scăzut
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G4Media
Constructorul auto Lada, în criză. 50% din piața din Rusia, deținută de China. Ce măsuri pregătește?

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Stellantis has signed an agreement with the unions to extend the reduced working hours program at the Mirafiori plant in Turin by five months, due to weak demand.
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International
Nissan has begun negotiations with the French employees' union over a restructuring that may include layoffs, with talks due to conclude in October.
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4-day working week Russia falling sales car market

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