The Renault-Nissan Alliance has formed a joint venture (JV) with state corporation Russian Technologies to own a 74.5% stake in Russian car maker AVTOVAZ. The move follows unveiling of AVTOVAZ's $525m assembly line at the Togliatti ...
Renault-Nissan Alliance and AVTOVAZ have opened the new EUR400m car manufacturing plant in Togliatti, Russia. The company said that the Lada Largus multi-purpose van is the first car off the new line from the AVTOVAZ plant in Togliatti. ...
Tags: Renault-Nissan Alliance, AVTOVAZ, EUR400m car, multi-purpose van
Japanese automaker Nissan has confirmed its industrial expansion plans in Russia by investing additional EUR167m to expand its production plants in St. Petersburg in northwest Russia by 2014. The carmaker's expansion plans follows its aim ...
Tags: Nissan, expansion plans, Russian
The joint venture between Renault-Nissan alliance and Russian automaker AVTOVAZ has opened the new EUR400m vehicle production line in the Togliatti facility in Russia. The new 250,000m2 facility has a capacity to manufacture 350,000 cars ...
Tags: Togliatti, Russia, production facility
General Motors is planning to invest $1bn in its Russian plants by next five years to expand its car and component production in the country. The investment will be used to increase output capacity as well as in sourcing local components. ...