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Renault-Nissan alliance to pay for AvtoVAZ in three stages


Renault and Japanese partner Nissan moved to expand in the growing Russian car market on Thursday with a $750 million deal. The payments will be made in three stages according to a source close to one of the Russian carmaker's shareholders: December 2012, July 2013 and June 2014. “The deal appears quite expensive,” said Vladimir Bespalov, auto analyst at Russia’s VTB ...
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More Nissan articles

More powerful Nissan Juke-R limited production announced
The Japanese based automaker Nissan has recently announced that a more powerful Juke-R will be produced in a limited number. According to the car company, the Nissan Juke-R will be available ...
Nissan Patrol Simpson 50th Anniversary Edition launched in Australia
The Japanese based automaker Nissan has recently announced that a special edition of the Patrol, named the Simpson 50th Anniversary Edition, has been launched in Australia. According to the car company, ...
Impact: AvtoVAZ Shares Down almost 10 percent on delayed Renault-Nissan deal
Renault and its Japanese subsidiary Nissan on Thursday said the alliance will will form a joint venture with Russian Technologies Corp. to become the largest shareholder in OAO AvtoVAZ (AVAZ), ...
Renault-Nissan to take full control over Russian automaker AVTOVAZ
The Renault-Nissan alliance has agreed to raise its stake in Russian automaker Avtovaz to take majority control of Russia's largest carmaker. "Renault-Nissan plans to invest about $750 million [in the project] ...
2013 Nissan Cima launched in Japan
The Japanese based automaker Nissan has recently announced that the Cima model has been reintroduced to its local auto market. According to the car manufacturer, the new generation of the Nissan ...
Nissan GT-R Track Pack launched in the UK
The Japanese based automaker Nissan has recently launched the new GT-R Track Pack in the United Kingdom, where the model has a starting price of 74,450 GBP. After being officially presented ...
[VIDEO] 2013 Nissan GT-R sets new quarter mile record
The 2013 Nissan GT-R has been recently placed into the spotlights after a video with the Japanese sports car setting a new quarter mile record has hit the web. The favorable ...
2013 Nissan Cima launched in Japan
The new generation of the Nissan Cima has been recently presented to the public and the model will go on sale in Japan on the 21st of May, 2012. According to ...
[VIDEO] 2013 Nissan Sentra teaser released
The Japanese based automaker Nissan has released the first teaser video with its latest creation, the new generation of the Sentra global sedan, which should hit the market this summer. According ...



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