Tag "Renault-Nissan"
Alliance Rostec Auto has acquired more than 96% of Avtovaz
Vedomosti. – Alliance Rostec Auto BV, the joint venture of Rostec and Renault-Nissan, has announced that the share of the company in the capital of Avtovaz has risen to 96.6%
AVTOVAZ is going for delisting
RusAutoNewsCom. – Avtovaz will conduct delisting of company shares, as told by the head of Rostec Sergei Chemezov to journalists in Moscow on Monday, as reported by Interfax. “Delisting will
NISSAN is not a shareholder of AVTOVAZ anymore
Kommersant – French car manufacturer Renault has bought 9.15% of AVTOVAZ shares from Japanese auto maker Nissan in the joint venture of Alliance Rostec Auto B.V. (controls 64.6% of PJSC AVTOVAZ
Rostec plans to get the direct ownership of AVTOVAZ with Renault-Nissan
Prime – Rostec plans to liquidate Alliance Rostec Auto B.V and get the direct ownership of AVTOVAZ with Renault-Nissan in the proportion of 25/75 within the next 12-18 months, as told
Avtovaz has localised the Renault-Nissan HR16 engines
RusAutoNews.Com – Avtovaz has received the approval for the full-cycle production of HR16 engines from Renault-Nissan Alliance. The corresponding document has been signed by the authorised bodies of the Alliance, following a
Renault-Nissan expects further shrinkage in Russian automobile market
Prime – The general director of Renault-Nissan Carlos Ghosn expects that the shrinkage will continue in Russian automobile market in 2016. However, the company have no plans to exit the
AVTOVAZ will increase Renault-Nissan production by 20% in 2015
Vedomosti – AVTOVAZ chairman Bo Andersson has announced plans to manufacture 585,000 automobiles in 2015 (+1.7%). The company will manufacture 160,000 Renault, Nissan and Datsun vehicles (+19.5%). A year-on-year reduction
Renault-Nissan aims to speed up localisation in Russia
TASS – Renault-Nissan CEO Carlos Ghosn has stated that due to the devaluation of the rouble, the company intends to speed up localisation in Russia and halt the projects of
Renault-Nissan and AVTOVAZ unite purchase
Vedomosti – AVTOVAZ has approved the sale of 50% shares of the company under the name of Joint Purchasing Organisation (SZO) to Renault-Nissan. 49% of the shares will be held
Russian Antitrust Agency has approved the control of Renault at Avtovaz
Business-gazeta – The Russian Antitrust Agency – FAS has approved the agreement between Renault-Nissan and Rostec, concerning the transfer of the control shares of Avtovaz. Accordingly, Renault-Nissan will be liable
