A Russian Car Maker Falls Back Into Soviet-Era Isolation
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 11 March 2022
⏱️ 17 minutes
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| 0:00.0 | There's one brand of car that's come to define the automotive industry in Russia. |
| 0:10.2 | It's called Lada. |
| 0:12.8 | Lada came out in the 1970s during the Cold War when the Soviet Union wouldn't allow foreign |
| 0:17.6 | companies, including car manufacturers, into the country. |
| 0:21.6 | It was basically the only car that had 80% of the market during Soviet times. |
| 0:26.1 | What's their colleague Nick Kostov in the USSR, that is what everybody drove. |
| 0:30.3 | You couldn't get everything, but you could get a vehicle. |
| 0:33.4 | And if you did get a vehicle, that vehicle tended to be a Lada. |
| 0:44.5 | Even after the Cold War, Lada remained an important car in Russia. |
| 0:48.0 | It's the biggest homegrown brand. |
| 0:50.1 | It's a symbol of national pride for Russians and for President Vladimir Putin. |
| 0:55.5 | He's been photographed in the Lada, like a boxy Lada, with like kind of military print |
| 1:02.0 | and said to customers, look, you can buy this Lada like me. |
| 1:06.6 | He's even appeared on state TV, test driving new models. |
| 1:09.9 | Russian Prime Minister Vladimir Putin is behind the wheel. |
| 1:17.4 | But this week, Lada was forced to halt production. |
| 1:20.5 | Due to the war in Ukraine, sanctions against Russia are choking off supply chains. |
| 1:25.3 | The Soviet era car brand could be forced back into its Soviet era ways. |
| 1:33.6 | Welcome to the journal, our show about money, business and power. |
| 1:37.5 | I'm Ryan Knutson. |
| 1:39.1 | It's Friday, March 11th. |
| 1:46.4 | Coming up on the show, the story of Russia's iconic car brand, and what it says about |
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