Alikhanov: AvtoVAZ has been operating without losses for the past five years // Head of the Ministry of Industry and Trade Alikhanov: AvtoVAZ has been working without losses for five years in a row

AvtoVAZ for the past five years has been making a profit and working without losses, said the Minister of Industry and Trade of Russia, Chairman of the Board of Directors of the automaker Anton Alikhanov.

“Five years as AvtoVAZ works without losses, shows profit. And this is very important, although these five years were very difficult, Alikhanov said at the launch ceremony of mass production of the Lada Azimut crossover. He noted that the concern has released several new models during this time, and urged to try to maintain such a high pace.

Over the past few years, AvtoVAZ has not published financial statements, noting only its positive dynamics. In the first six months of 2026, the company reported net profit. The company plans to direct it to investments, the volume of which this year should amount to 40 billion rubles.