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RIA Novosti

Business

Renault ready to rescue Russia's largest carmaker

Logan Car Assembly Line
14:44   06/10/2009  
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    Story

    AvtoVAZ needs restructuring

    AvtoVAZ has a production capacity of over 800,000 vehicles annually. It has made more than 25 million Lada cars since it was established in 1970 as a joint project with Italian carmaker Fiat. The company currently produces 15 models priced between 150,000 rubles ($4,800) and 350,000 rubles ($11,240).

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