Car sales in Russia plunged 83.5% in May, the Association of European Businesses (AEB) said on Monday, and new car prices have risen by an average of 50%. New Lada Grantas being produced bySummary of cost of living in Russia Family of four estimated monthly costs: $2,365 (руб 214,952) Single person estimated monthly costs: $1,210 (руб 109,947)
The Russian-built VAZ-2101 "Zhiguli" and its many derivatives (known universally as the Lada outside the Soviet Union) were based on the Fiat 124, and are the best known of the many licensed variants of the 124 manufactured around the world. The Lada constitutes the vast majority of 124 production, and makes it the fifth best selling automotive
VAZ held a contest in the Russian car magazine Za Rulem, which netted over 1,800 suggestions, including Directivets, Fialka, Gvozdika, Lutch and Novorojets. In the end, Lada--roughly translated "Harmony" or "My Love"--won out. Production of right-hand-drive Ladas began in 1973 with the intent of exporting cars to Japan, Australia and Great Britain.