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Russia’s Avtovaz plans to resume production of Lada Granta from June 8 -Breaking

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© Reuters. A Lada Granta automotive is displayed on the 2018 Moscow Worldwide Auto Salon in Moscow, Russia August 29, 2018. REUTERS/Maxim Shemetov

(Reuters) – Russia’s prime carmaker Avtovaz stated on Friday it will resume manufacturing of its best-selling Lada Granta mannequin from June 8, after partially halting manufacturing in March on account of a scarcity of digital elements due to Western sanctions on Moscow.

French auto big Renault (EPA:) struck a deal in Could to promote its majority stake in Avtovaz to a Russian science institute, reportedly for the symbolic sum of only one rouble, with a six-year choice to purchase it again.

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