Tag "Avtovaz"
Rostec may sell 8% of its shares in Avtovaz to Renault
RusAutoNewsCom.- According to Sergey Chemezov, the head of the state corporation Rostec, the company intends to sell 8% of its shares in “Alliance Rostec Auto BV” to the joint
The net profit of Avtovaz has amounted to 5.9 billion rubles in 2018
Finmarket.- The net profit of Avtovaz has amounted to 5.9 billion rubles in 2018, according to IFRS, in contrast with the loss of 9.7 billion rubles in 2017, as indicated
Lada enters the Mongolian market
RusAutoNewsCom.- As announced by the company press office, with the first Lada dealership opened in Ulaanbaatar – the capital of Mongolia, Avtovaz has entered the Mongolian market. Russo Motors is
Avtovaz has started the production of Lada Largus on methane
RusAutoNewsCom.- Russian car manufacturer Avtovaz has started the production of methane-fuelled Lada Largus, as stated by the company press office. As part of dual-fuel car range expansion, Lada presents
Avtovaz announces the signature of a Special Investment Contract
RusAutoNewsCom.- Avtovaz announced the signature of a Special Investment Contract with the Ministry of Industry and Trade of the Russian Federation, to support the development of Alliance brands in
AVTOVAZ expects a growth of around 10% in Russian car market
Finmarket.- Avtovaz foresees a growth of approximately 10% in Russian car market in 2019, and expects to keep its 20% share, as told by the executive vice-president of the
Lada remains the leader of the Russian automobile market in 2018
RusAutoNewsCom.- Lada remains the leader of the Russian automobile market in 2018. As published by Avtovaz, 360,204 Lada cars were sold in Russia last year, indicating a 16% year-on-year
The JV of Rostec and Renault has become the sole shareholder of AVTOVAZ
RNS.- Alliance Rostec Auto, which is a joint venture of Renault and the state enterprise Rostec, has become the sole shareholder of Avtovaz, according to company documents. As of
Avtovaz has announced plans to launch 8 new Lada models until 2026
RusAutoNewsCom.- Avtovaz plans to launch 8 new Lada models and make 9 facelifts until 2026 – according to the company statement. The details about the models that are planned
Lada EU sales on the decline for three months in a row
Autostat.- According to ACEA data, the Lada EU sales of the Russian brand have been falling for three consecutive months. The shrinkage in Lada sales runs in parallel with the
