Post Tagged with: "lada"

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Russia: Lada becomes highly popular in Crimea

Russia: Lada becomes highly popular in Crimea

Lada, owned by AvtoVAZ – which is in term controlled by the Renault Nissan alliance, has become the most popular auto brand in Crimea – the peninsula that sparked all the regional unsettlement after its annexation by Vladimir Putin’s government. There’s a catch though – it has almost no competition. […]

Russia: AvtoVAZ loses No.1 spot on supplier issues

Russia: AvtoVAZ loses No.1 spot on supplier issues

Russia’s AvtoVAZ, traditionally the country’s largest carmaker and holder of the top sales position for individual models as well, took a hit last month after its Lada brand’s Granta model was outsold by the Kia Rio. Although Russia is going through a huge auto sales crisis, according to the automaker, […]

Russia: AvtoVAZ CEO confident in Lada’s future

Russia: AvtoVAZ CEO confident in Lada’s future

Following Renault-Nissan’s control takeover at the largest Russian automaker, CEO Carlos Ghosn successfully promoted at the helm of the Lada maker the first foreign chief in the make’s history. Bo Andersson is no stranger of Russia’s automotive market, as he spent four successful years at the helm of the country’s […]

Russia: AvtoVAZ to lower Lada production

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 slump deepens. The rapid decline in the country’s new car sales prompted the AEB trading group to forecast the market […]

Russia – AvtoVAZ lets go more employees

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 7,500 job cuts – but around 13,000. Just as the overall automotive sector is not doing very well in Russia […]

Russia: AvtoVAZ reports loss for 2013

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 economy slowed and the country’s auto market also took a fall. AvtoVAZ, owner of the known Lada, which is Russia’s […]

Lada has ex-GM manager as new CEO

Lada has ex-GM manager as new CEO

As it deepens the relation with the Renault-Nissan alliance, OAO AvtoVAZ has put Bo Andersson, a former top purchasing manager at General Motors, as chief executive officer, the first non-Russian to head the maker of Lada cars. Togliatti-based AvtoVAZ said today in a statement following a board meeting yesterday conducted […]