/

Browse AvtoVAZ articles

Russia: AvtoVAZ to cut 7,500 jobs


As economic stagnation hurts the domestic car market, the new CEO, Bo Andersson, said Russia's biggest carmaker, AvtoVAZ, will cut 7,500 jobs, about 11 % of its workforce, in its fight to maintain profitability. Russian new car sales fell 5.5 % to 2.78 million last year after growth averaging 27 % in the previous three years, the Moscow-based Association of European ...
Read more

related more
spacer
spacer

More AvtoVAZ articles

Renault Logan and Sandero Stepway spotted in Russia
The new generations of the Renault Logan and Renault Sandero Stepway have been recently spotted in Russia, at the Avtovaz’s plant in Togliatti. Renault is planning to introduce its own Logan ...
Renault-Nissan planning second engine to be built with AvtoVAZ
The French-Japanese alliance will build a second engine with Russian partner AvtoVAZ and aims to overcome a decline in Lada sales in a market set to overtake Germany within two ...
Lada has ex-GM manager as new CEO
As it deepens ties with the Renault-Nissan alliance, OAO AvtoVAZ appointed Bo Andersson, a former top purchasing manager at General Motors, as chief executive officer, the first non-Russian to lead ...
Ex GM exec – first foreign president of Russia’s AvtoVAZ
Bo Andersson, a former top executive at General Motors, has been nominated to become the first foreign president of Russia's largest carmaker, OAO AvtoVAZ, ahead of its takeover next year ...
Report – AvtoVAZ CEO stepping down
Igor Komarov is stepping down as head of Russia's largest automaker, which Renault-Nissan plans to take control of by mid-2014. A source close to one of AvtoVAZ's shareholders now said the ...
Lada Sandero is copying the Dacia model in Russia
Russian carmaker AvtoVaz has decided to make its own copy of the Dacia Sandero which will go on sale locally sometimes next year. The Dacia success has taken most car companies ...
Russia’s slowing sales may affect Renault’s recovery in Europe
Renault's plan to fix Europe sales may be undermined by slowing growth in Russia. The Russian car market is expected to slow and possibly decline this year, after three years of ...
Renault-Nissan Alliance posts record 2012 sales
The Renault-Nissan Alliance sold a record 8,101,310 vehicles in 2012, accounting for 1 in 10 new cars sold worldwide. The Alliance's calendar-year sales increased about 1 percent from 2011, with strong ...
AvtoVAZ recalling 45,000 Lada Grantas over airbag failure
AvtoVAZ, Russia's largest carmaker, announced on Thursday it is recalling 45,348 Lada Grantas over potential airbag failures. It is AvtoVAZ' second recall of new models this year. The cars affected by ...

latest automotive news
Jaguar Land Rover to start local production in China
The British multinational company owned by India’s Tata Motors is poised to begin local car assembly in China by the ...
GM aims to further expand its China operations
As last year it lost for the first time in eight years the sales crown in China, General Motors prepares ...
Elon Musk visits China as Tesla prepares to kick off sales
While Tesla has been America’s financial sweetheart for much of last year and the first quarter, China is a rather ...
China: Volkswagen AG could again outpace General Motors
Last year, the Volkswagen group managed to snatch by a very small margin GM’s global second place among carmakers – ...
Volvo says China poised to become its largest market
Owned now by China’s Zhejiang Geely Holding Group, Volvo – the Swedish premium manufacturer – is now expecting the country ...
Ford’s Everest concept is close to China production
After the US automaker unveiled for the first time the Everest concept last year in Australia and brought a near ...
Volkswagen ready to start development on affordable car concept
Looks like Renault’s budget car brand Dacia’s success is making the competition restless – now Europe’s largest automaker, Volkswagen has ...
2014 Beijing Motor Show: Lamborghini Aventador Nazionale
The new Lamborghini Aventador Nazionale has been officially introduced at the 2014 Beijing Motor Show. Lamborghini’s Ad Personam customization program has ...
McLaren feeling Whitmarsh effect – Lauda
Apr.21 (GMM/Inautonews.com) McLaren is going through a 'Whitmarsh' effect, according to F1 legend Niki Lauda. Just two weeks ago in ...
Ricciardo beating Vettel ‘surprise of the season’
Apr.21 (GMM/Inautonews.com) Upping the power of the RB10's Renault 'power unit' is no longer the only problem at Red ...
Raikkonen denies struggle due to lagging motivation
Apr.21 (GMM/Inautonews.com) Kimi Raikkonen on Sunday lashed out at suggestions his struggle at Ferrari so far in 2014 might ...
‘Focused’ Hamilton on charge for title – Lauda
Apr.21 (GMM/Inautonews.com) Niki Lauda couldn't resist a jibe at rivals Ferrari on Sunday after the botched chequered flag incident ...
Alonso says China podium belongs to Domenicali
Apr.21 (GMM/Inautonews.com) Fernando Alonso has suggested Ferrari's new boss cannot take the credit for his breakthrough podium in China. After ...
2014 Beijing Motor Show: 2015 Peugeot 408 Sedan
The brand new Peugeot 408 Sedan has been officially unveiled during the 2014 Beijing Motor Show, in a world premiere. Officially ...
2014 Beijing Motor Show: Audi TT Offroad Concept
Audi has brought its newest creation to the 2014 Beijing Motor Show, the TT Offroad Concept. The four-ring car manufacturer is ...
2014 Beijing Motor Show: Volkswagen Golf R 400 Concept
The new one-off Volkswagen Golf R 400 has recently made its public debut at the 2014 Beijing Motor Show. Originally teased ...
2014 Beijing Motor Show: Production-ready Ford Escort
The production-ready version of the Ford Escort, aimed exclusively for the Chinese automotive market, has been officially unveiled during the ...
2014 Beijing Motor Show: 2015 Chevrolet Cruze
The new generation of the Chevrolet Cruze has been officially presented to the public attending the 2014th edition of the ...