AvtoVAZ | SpeedLux

Cars3 years ago

Avtovaz offers Izhevsk staff $3,000 to quit voluntarily

Russia‘s biggest automaker Avtovaz which suspended some production because of sanctions and supply of components is offering workers at its Izhevsk plant a one-off payment of about $3,000 to take

Cars3 years ago

Maxim Sokolov becomes CEO of Avtovaz after Renault exit

Russia’s leading automaker Avtovaz said on Monday that it had appointed former transport minister Maxim Sokolov as its new president and CEO following the withdrawal of its main shareholder Renault.

Renault3 years ago

Renault sells stake in Avtovaz, with buyback option

Renault is set to sell its majority stake in Russian automaker Avtovaz to a Russian science institute, the French automaker said on Monday, adding that the deal consists of a

Renault3 years ago

Renault to offload its stake in Russian AvtoVAZ for 1 ruble

Renault is set to transfer its 68% stake in Russia’s biggest automaker AvtoVAZ to an auto research institute for one symbolic rouble. The report comes as an example of local

General Motors6 years ago

General Motors exits Russian car assembly business with Avtovaz deal

Russia’s biggest automaker Avtovaz stated on Monday it would purchase out General Motors from their joint venture producing automobile in Russia under the Chevrolet brand, effectively finishing GM’s presence in

Cars9 years ago

Russian automaker Avtovaz says Lada sales increased 5 percent in January

Sales of Lada vehicles in Russia increased by 4.9 percent early to 16,334 units in January, Russian automaker Avtovaz stated on Tuesday. As per the company estimates, Avtovaz had about

American13 years ago

2012 AvtoVAZ El Lada

The Russian automaker known as AvtoVAZ unveiled the “El” Lada electric car at the 2012 Moscow Auto Show on Wednesday, finally joining the global bandwagon of automakers which make the

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