This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
Russia: Ladas sell like hot cakes thanks to falling Ruble01:08

Russia: Ladas sell like hot cakes thanks to falling Ruble

Russian Federation, Moscow
December 16, 2014 at 16:29 GMT +00:00 · Published

Russian car brand Lada is reaping the rewards of the plummeting value of the Ruble, since it now offers some of the cheapest passenger vehicles on earth when valued in euro or dollars. Company staff report that there has been a huge surge in foreign and domestic demand for Ladas with warehouses and showrooms beginning to sell out. Russians are also investing in cars in order to spend their Rubles before the currency drops further in value.

A Lada Granta Sedan for example now ranks as the sixth cheapest such car in the world: its Russian domestic-market sticker price of just under 300,000 Rubles currently equates to around €3,300 or $4,400.

The vehicles are made by Russia's AvtoVAZ car company which is the largest producer of passenger cars in Russia and Eastern Europe

Russia: Ladas sell like hot cakes thanks to falling Ruble01:08
No Account? Sign up!
Description

Russian car brand Lada is reaping the rewards of the plummeting value of the Ruble, since it now offers some of the cheapest passenger vehicles on earth when valued in euro or dollars. Company staff report that there has been a huge surge in foreign and domestic demand for Ladas with warehouses and showrooms beginning to sell out. Russians are also investing in cars in order to spend their Rubles before the currency drops further in value.

A Lada Granta Sedan for example now ranks as the sixth cheapest such car in the world: its Russian domestic-market sticker price of just under 300,000 Rubles currently equates to around €3,300 or $4,400.

The vehicles are made by Russia's AvtoVAZ car company which is the largest producer of passenger cars in Russia and Eastern Europe

Top downloads in last 24 hours
00:42
USA: Mysterious metal monolith comes back, now on top of Atascadero's Pine Mountain in CaliforniaUSA: Mysterious metal monolith comes back, now on top of Atascadero's Pine Mountain in California
December 3, 2020 at 01:49 GMT +00:00
02:28
USA: New Yorkers enjoy limited viewing time of Rockefeller Centre Christmas treeUSA: New Yorkers enjoy limited viewing time of Rockefeller Centre Christmas tree
December 3, 2020 at 10:43 GMT +00:00
02:31
UAE: Impressive fireworks mark UAE National Day in DubaiUAE: Impressive fireworks mark UAE National Day in Dubai
December 3, 2020 at 04:27 GMT +00:00
Pool for subscribers only
01:00
Russia: Beautiful light pillars illuminate night sky in Tyumen Russia: Beautiful light pillars illuminate night sky in Tyumen
December 2, 2020 at 08:14 GMT +00:00
03:10
Iran: Rouhani dismisses parliament nuclear bill as 'harmful' to diplomacyIran: Rouhani dismisses parliament nuclear bill as 'harmful' to diplomacy
December 2, 2020 at 16:44 GMT +00:00
03:15
Sudan: Doctor speaks of 'difficult' situation for Ethiopians at makeshift health centreSudan: Doctor speaks of 'difficult' situation for Ethiopians at makeshift health centre
December 2, 2020 at 20:59 GMT +00:00
Pool for subscribers only
05:51
USA: 'Democrats had this election rigged right from the beginning' - Trump on elex resultsUSA: 'Democrats had this election rigged right from the beginning' - Trump on elex results
December 3, 2020 at 00:00 GMT +00:00
05:01
Father of three forges martial arts prodigies at home boot camp in ChinaFather of three forges martial arts prodigies at home boot camp in China
December 2, 2020 at 07:22 GMT +00:00
03:43
Sudan: Ethiopians fleeing conflict take shelter at Sudanese borderSudan: Ethiopians fleeing conflict take shelter at Sudanese border
December 2, 2020 at 21:47 GMT +00:00
04:24
Peru: Archaeologists reconstruct image of young woman who lived 600 years agoPeru: Archaeologists reconstruct image of young woman who lived 600 years ago
December 3, 2020 at 14:20 GMT +00:00
02:56
France: Bayonne 'in shock' in aftermath of mosque shootingFrance: Bayonne 'in shock' in aftermath of mosque shooting
October 29, 2019 at 15:14 GMT +00:00
Pool for subscribers only
01:06
Russia/Serbia: First batch of Sputnik V vaccine supplied to Belgrade for clinical testsRussia/Serbia: First batch of Sputnik V vaccine supplied to Belgrade for clinical tests
December 4, 2020 at 00:57 GMT +00:00
03:34
USA: Hundreds rally outside bar after owner is arrested for resisting COVID restrictionsUSA: Hundreds rally outside bar after owner is arrested for resisting COVID restrictions
December 3, 2020 at 08:24 GMT +00:00
02:36
Armenia: Demonstrators demanding Pashinyan’s resignation march through streets of YerevanArmenia: Demonstrators demanding Pashinyan’s resignation march through streets of Yerevan
December 2, 2020 at 23:20 GMT +00:00
04:29
Mannequin Skywalker - Darth Vader statue appears in Bristol in tribute to David ProwseMannequin Skywalker - Darth Vader statue appears in Bristol in tribute to David Prowse
December 3, 2020 at 04:35 GMT +00:00
Pool for subscribers only
00:30
USA: Evacuations ordered as vegetation fire rages through Silverado CanyonUSA: Evacuations ordered as vegetation fire rages through Silverado Canyon
December 3, 2020 at 14:29 GMT +00:00
03:22
Armenia: Protesters detained at rally after blocking central streets in YerevanArmenia: Protesters detained at rally after blocking central streets in Yerevan
December 3, 2020 at 22:04 GMT +00:00
Pool for subscribers only
02:09
Russia/India: Another batch of Sputnik V delivered to New Delhi for clinical trialsRussia/India: Another batch of Sputnik V delivered to New Delhi for clinical trials
December 1, 2020 at 16:22 GMT +00:00
02:25
UK: ‘Wild Wednesday’ - Londoners get festive as pubs reopen and vaccine approvedUK: ‘Wild Wednesday’ - Londoners get festive as pubs reopen and vaccine approved
December 2, 2020 at 23:02 GMT +00:00
Pool for subscribers only
01:47
USA: Biden says 250,000 more might die by January amid COVID spreadUSA: Biden says 250,000 more might die by January amid COVID spread
December 3, 2020 at 03:27 GMT +00:00
03:22
Former French leader Valery Giscard d'Estaing dies aged 94 *ARCHIVE*Former French leader Valery Giscard d'Estaing dies aged 94 *ARCHIVE*
December 2, 2020 at 23:12 GMT +00:00
03:42
Bosnia and Herzegovina: Migrants blocked at Croatian border amid freezing weatherBosnia and Herzegovina: Migrants blocked at Croatian border amid freezing weather
December 3, 2020 at 14:39 GMT +00:00
06:13
'Mistress obliged me to appear whiter' - French dancer campaigns against racism in Berlin State Ballet'Mistress obliged me to appear whiter' - French dancer campaigns against racism in Berlin State Ballet
December 2, 2020 at 21:06 GMT +00:00
02:25
France: Hundreds protest coronavirus closure of ski liftsFrance: Hundreds protest coronavirus closure of ski lifts
December 2, 2020 at 17:26 GMT +00:00
Pool for subscribers only
00:50
94yo ex-French president Valery Giscard d'Estaing dies following COVID diagnosis *ARCHIVE*94yo ex-French president Valery Giscard d'Estaing dies following COVID diagnosis *ARCHIVE*
December 3, 2020 at 00:34 GMT +00:00
03:39
India: Protesters demand justice for victims on 36th annv of Bhopal gas leak amid COVID spreadIndia: Protesters demand justice for victims on 36th annv of Bhopal gas leak amid COVID spread
December 3, 2020 at 03:00 GMT +00:00
01:23
Sweden: Stockholm mother arrested on suspicion of holding son captive for nearly 30 yearsSweden: Stockholm mother arrested on suspicion of holding son captive for nearly 30 years
December 3, 2020 at 17:56 GMT +00:00
View all videos