Tag "Avtovaz"
Government has spent 44.5 billion rubles on automobile purchases in 2017
Kommersant – The Russian government has spent more than 44.5 billion rubles on automobile purchases in Russia within the framework of state purchase of automobiles and special vehicles in 2017. The
AVTOVAZ has started the sales of LADA in Chile
RusAutoNews.Com – AVTOVAZ has started the official sales of LADA in Chile, which is the third largest car market in South America in terms of sales volumes (370,000 in 2017).
AVTOVAZ plans to increase production by 12% in 2018
Prime – AVTOVAZ plans to increase the production of automobiles and car kits by 12% in 2018 to 565.300 units, according to the public declaration of the Samara Region Ministry of
AVTOVAZ will recruit 250 new employees
Autostat – AVTOVAZ plans to recruit more than 250 new employees, as design engineers, project team leaders and project managers in various areas. “AVTOVAZ have plans to manufacture 12 new models
Lada sales up by 25% in April 2018
RusAutoNews.Com – According to the Avtovaz press office, the Lada sales in Russia have increased by 16,6% in April 2018, to 30.712 units. A total number of 109.826 vehicles have been sold within four
AVTOVAZ has made a quarterly profit for the first time since 2016
Vedomosti – AVTOVAZ has made a net profit of 609 million rubles according to IFRS within the first quarter of 2017, in contrast with last year’s 2,8 billion rubles loss
Rostec and Renault increase their shares at Avtovaz to 83.5%
Kommersant – Rostec and Renault increase their shares at Avtovaz from 64,6% to 83,5%. The second stage of the capital increase of the unprofitable AVTOVAZ plant -conversion of 61,4 billion rubles (~975
Renault and Rostec will convert 61.4 billion RUR debt of AVTOVAZ to capital
Finmarket – French car manufacturing giant Renault and Rostec Group have assigned 61.4 billion rubles worth of receivable accounts and loans of the Dutch Alliance Rostec Auto BV (joint venture of
FAS has given permission to the JV of Rostec and Renault-Nissan for the purchase of more than 75% of AVTOVAZ
RNS – The Russian Federal Antimonopoly Service (FAS) has approved the application made by Alliance Rostec Auto (joint venture of Rostec and Renault-Nissan Alliance) for the purchase of more than 75%
AVTOVAZ plans to switch to a new design on all Lada models until 2026
RNS – AVTOVAZ plans to switch to the new X-Face corporate design on all Lada models until 2026, as told by the Design Director of Lada: Steve Mattin to RNS. “We
