By on May 4, 2012

Renault-Nissan is buying a majority stake in Russian automaker AvtoVaz. For those not in the Russian Car Appreciation Society, AvtoVaz is the maker of Lada cars.

Current owner (and weapons maker) Russian Technologies will enter a joint-venture with Renault-Nissan as a means of structuring the deal. Renault-Nissan will own 67.13 percent of the JV, which will in turn have  a 74.5 percent stake of AvtoVaz. Following the necessary due diligence, the deal is expected to be completed in 2014.

Get the latest TTAC e-Newsletter!

Recommended

15 Comments on “In Post-Soviet Russia, Renault-Nissan Buys AvtoVAZ...”



Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • Hummer: https://m.youtube.com/watch?v= VGW-WX77zjY
  • Hummer: The sad thing is that there will likely never again be any vehicle manufacturers on the continent ever again....
  • rudiger: I don’t think the Intrigue had the rear fog lights. If it did, they weren’t separate units like...
  • Buickman: great car, bad marketing. it’s far removed from previous Lacrosse, should have been a Roadmaster.
  • Johnster: In those towns that lost their Cadillac franchises, this does indeed stand a chance. In my little town,...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States