autoevolution

Stories about: AvtoVAZ

AvtoVAZ's Rescue, after Putin's Visit to Paris
AvtoVAZ's Rescue, after Putin's Visit to Paris

24 Nov 2009, 15:12 UTC / The light at the end of the tunnel for Russian carmaker AvtoVAZ is slowly fading away, after Russian Premier Vladimir Putin announced it will idle any rescue plans until after he has a talk with Ren...

 
Renault Could Increase AvtoVAZ Stake
Renault Could Increase AvtoVAZ Stake

24 Nov 2009, 09:44 UTC / French carmaker Renault might increase its AvtoVAZ stake in the future, Sergei Chemezov, CEO of state-owned industrial conglomerate Rostekhnologii, said in a statement. Rostekhnologii currently hold...

 
Ricardo Transmissions for AvtoVAZ Cars
Ricardo Transmissions for AvtoVAZ Cars

18 Nov 2009, 08:15 UTC / Moscow-based KATE company contracted Eco-Inovation Technology Company Ricardo for the development of a new 7-speed automatic transmission for use in AvtoVAZ cars. KATE was selected by AvtoVAZ to de...

 
Renault Allowed to Increase AvtoVAZ Stake
Renault Allowed to Increase AvtoVAZ Stake

12 Nov 2009, 11:24 UTC / As part of the AvtoVAZ restructuring process, the French carmaker Renault will be allowed to increase its stake in the Russian company. Renault currently holds 25 percent of AvtoVAZ and the Russian ...

 
Russia Agrees with $1.88 Billion for AvtoVAZ
Russia Agrees with $1.88 Billion for AvtoVAZ

4 Nov 2009, 10:55 UTC / AvtoVAZ, the Russian carmaker who's now living on the verge of collapse, will receive a new state loan package, this time amounting to 548 billion rubles (approximately $1.88 billion). The Russ...

 
Renault Financially Backs AvtoVAZ Shake-Up
Renault Financially Backs AvtoVAZ Shake-Up

3 Nov 2009, 07:56 UTC / Renault has already expressed its support for AvtoVAZ, the Russian automaker now on the verge of bankruptcy, and company officials today revealed that the French company will also provide money for ...

 
Russia Confirms/Denies 21,000 AvtoVAZ Job Cuts
Russia Confirms/Denies 21,000 AvtoVAZ Job Cuts

28 Oct 2009, 14:21 UTC / The Russian government denied any decision being taken in favor of AvtoVAZ's plan to cut no less than 21,000 jobs in the following years, as an earlier Vedomosti business daily report claimed. ...

 
Russia Seals Fate of 21,000 AvtoVAZ Workers?
Russia Seals Fate of 21,000 AvtoVAZ Workers?

28 Oct 2009, 10:42 UTC / The already announced plan Russian carmaker AvtoVAZ has to kill some nearly a quarter of its workforce in the following years seems to have been given the green light from the Russian government, wi...

 
AvtoVAZ Still Awaiting 7,000 Ladas Payment
AvtoVAZ Still Awaiting 7,000 Ladas Payment

27 Oct 2009, 08:42 UTC / Russian car manufacturer AvtoVAZ, who's now fighting for survival in the domestic market, is awaiting a large payment for approximately 7,000 Lada cars. It appears the company is now looking to...

 
AvtoVAZ, Renault, Nissan to Launch Five New Models
AvtoVAZ, Renault, Nissan to Launch Five New Models

19 Oct 2009, 09:35 UTC / Renault has already expressed its commitment to support Russian carmaker AvtoVAZ - in which it holds a 25 percent stake, but the company will only provide technology to support the creation of new m...

 
AvtoVAZ Might Cease Shares to Erase Debt
AvtoVAZ Might Cease Shares to Erase Debt

14 Oct 2009, 09:40 UTC / AvtoVAZ is currently in a desperate situation and, as far as the Russian government is concerned, the company should try anything that's possible to stay in business. The last idea is to allow ...

 
Michelin Looking to Expand Russian Operations
Michelin Looking to Expand Russian Operations

13 Oct 2009, 13:05 UTC / Tire manufacturer Michelin is looking to establish a new unit in Russia that would be in charge of operations in the local markets plus other 11 other countries of the Commonwealth of Independent St...

 
Renault, AvtoVAZ to Start Building Cars Together in 2012
Renault, AvtoVAZ to Start Building Cars Together in 2012

12 Oct 2009, 10:43 UTC / French manufacturer Renault will help AvtoVAZ with technology but, in addition, the two companies will start building cars together in 2012. Bloomberg writes that the joint venture between Renault a...

 
Renault to Support AvtoVAZ with Technology
Renault to Support AvtoVAZ with Technology

9 Oct 2009, 07:16 UTC / Following Russia's public comments that demanded Renault to step in and help troubled local automaker AvtoVAZ, the French manufacturer yesterday said it will indeed support the Russian company ...

 
Renault to Help AvtoVAZ Survive
Renault to Help AvtoVAZ Survive

6 Oct 2009, 12:44 UTC / Following the comments of Russian Prime Minister Vladimir Putin who urged Renault to step in and help the ailing automaker AvtoVAZ, the French car manufacturer expressed its support and said it is i...

 
Russian Riot in the Making
Russian Riot in the Making

5 Oct 2009, 08:36 UTC / The recent announcement that Russian carmaker AvtoVAZ will kill in the years to come no less than 27,600 jobs has already began to take its toll. The city of Tolyatti, home of several AvtoVAz facili...

 
Putin Urges Renault to Help AvtoVAZ
Putin Urges Renault to Help AvtoVAZ

2 Oct 2009, 14:53 UTC / AvtoVAZ sees its business in a desperate situation, with the economic chaos forcing the management board take a shocking decision: a job cut affecting more than 27,000 workers. But Russian Prime Min...

 
Nissan – Made in Russia, Courtesy of AvtoVAZ
Nissan – Made in Russia, Courtesy of AvtoVAZ

26 Sep 2009, 13:14 UTC / The Japanese carmaker Nissan is looking to boost its production in Russia and might sign an agreement with local manufacturer AvtoVAZ to start building B segment cars by 2012. Nissan already owns a ...

 
AvtoVAZ to Kill 27,600 Jobs
AvtoVAZ to Kill 27,600 Jobs

24 Sep 2009, 10:14 UTC / The largest Russian car manufacturer, AvtoVAZ, announced today it plans to cut about a quarter of its workforce in an effort to compensate for the severe drop in sales it is experiencing with its L...

 
AvtoVAZ to Cut 5,000 Jobs
AvtoVAZ to Cut 5,000 Jobs

11 Sep 2009, 14:57 UTC / The collapse the Russian auto sector is experiencing is getting more serious by the day and automakers selling cars in the country are forced to impose the same cost-cutting measures we've seen...