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Russia: AvtoVAZ mulls return to profit amid slumping market


Russia’s largest automaker, now under the control of the Renault-Nissan alliance, has vowed to return to profit through cost cutting measures and the introduction of new models to regain critical market share. The producer of Lada brand vehicles has been continually loosing market share since the Iron Curtain fell and the Soviet Union’s days came to an end. But Bo Andersson, ...
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Russia: AvtoVAZ to lower Lada production
The Russian carmaker announced it aims to cut factory output of its Lada brand cars by as many as 25,000 units during the following three months as the country’s sales ...
AvtoVAZ under full control of Renault Nissan alliance
Russia’s AvtoVAZ, the parent company of the well-known Lada brand, has come under the control of majority shareholder Renault-Nissan, as the deal was completed mid-June. The planning of the takeover – ...
Russia – AvtoVAZ lets go more employees
The situation for the country’s largest carmaker, AvtoVAZ, seems to have turned from serious to critical, as the automaker has announced that at its Togliatti factory there would be not ...
Russia: AvtoVAZ reports loss for 2013
While a few years ago the Russian auto market seemed poised to overshadow Germany as Europe’s biggest new car market, in 2013 things took a step back, as the overall ...
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 ...
Meet the Lada Kalina
Lada has just unveiled a new generation of the Kalina model, a small B-segment car, which will go on sale in Russia over the following weeks. Lada’s newest creation is named ...
Lada Niva is renamed the Lada Taiga
The classic Lada Niva off-roader has been recently renamed the Lada Taiga and the model will continue to be offered in most markets across the globe. Lada has brought a “fresh ...
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 ...

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