27 Nov 2009, 10:19 UTC · By: Bogdan Popa / French manufacturer Renault, which currently holds 25 percent in AvtoVAZ, will give the Russian automaker a 240 million euro non-cash package that will contribute to the company's efforts of st...
24 Nov 2009, 15:12 UTC · By: Daniel Patrascu / 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...
24 Nov 2009, 09:44 UTC · By: Bogdan Popa / 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...
18 Nov 2009, 08:15 UTC · By: Alina Dumitrache / 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...
12 Nov 2009, 11:24 UTC · By: Bogdan Popa / 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 ...
4 Nov 2009, 10:55 UTC · By: Bogdan Popa / 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...
3 Nov 2009, 07:56 UTC · By: Bogdan Popa / 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 ...
28 Oct 2009, 14:21 UTC · By: Daniel Patrascu / 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. ...
28 Oct 2009, 10:42 UTC · By: Daniel Patrascu / 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...
27 Oct 2009, 08:42 UTC · By: Bogdan Popa / 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...
19 Oct 2009, 09:35 UTC · By: Bogdan Popa / 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...
14 Oct 2009, 09:40 UTC · By: Bogdan Popa / 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 ...
13 Oct 2009, 13:05 UTC · By: Bogdan Popa / 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...
12 Oct 2009, 10:43 UTC · By: Bogdan Popa / 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...
9 Oct 2009, 07:16 UTC · By: Bogdan Popa / 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 ...
6 Oct 2009, 12:44 UTC · By: Bogdan Popa / 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...
5 Oct 2009, 08:36 UTC · By: Daniel Patrascu / 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...
2 Oct 2009, 14:53 UTC · By: Bogdan Popa / 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...
26 Sep 2009, 13:14 UTC · By: Bogdan Popa / 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 ...
24 Sep 2009, 10:14 UTC · By: Daniel Patrascu / 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...