KIEV, Oct. 27 – Zaporizhia Car Building Plant (ZAZ) in the near future may cut production by 40% due to the financial crisis, although measures taken by UkrAvto Corporation, which incorporates ZAZ, are ensuring a stable financial state at the company, MP Tarieal Vasadze, honorary president of UkrAvto, told Interfax-Ukraine.

He said that the key reason for the fall in car production is the fall in demand.

Vasadze said that UkrAvto is taking a number of anti-crisis measures and expects support from the authorities.