Russia's AvtoVAZ restarts car production

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SAMARA, March 5 (RIA Novosti) - Russia's leading carmaker AvtoVAZ said on Thursday it had restarted its assembly line after a halt on Wednesday due to problems with auto parts supplies.

The plant had earlier received just 35% of the components it needed.

The supply problems emerged after the car manufacturer introduced a new payment scheme, which meant that just 30% of components supplied were paid for in cash, with AvtoVAZ using promissory notes from its own and affiliated banks to pay for the remaining 70% of deliveries.

AvtoVAZ briefly suspended production in early February over difficulties with suppliers.

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