GM Leaves Russia, Bought Out by AvtoVAZ

Russia’s largest automotive manufacturer, AvtoVAZ, announced Monday that it plans to buy General Motors out of its regional joint venture. The duo previously assembled Chevrolet-branded automobiles for the local market; however, GM lost interest after the market took a turn for the worse.

While sanctions from Western nations and falling oil prices upended Russia’s economy a few years ago, it was already headed for hard times. Wages have stagnated and average citizens no longer possess the same level of buying power they held a decade earlier. The Russian Economic Development Ministry predicts just a 1-2 percent growth rate up to 2030 and leadership doesn’t seem terribly interested in improving the situation for the citizenry, deciding instead to raise taxes on just about everything. GM was probably right to get out.

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Supplier Woes Lead To Lada's First-Ever Loss Of Monthly Sales Crown

Since the first Ladas left the assembly line in the 1970s, the automaker has always held the top spot on the sales podium, month after month, year after year. Until November 2014, that is.

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Even With Embargos, Russia Gets A Better Chevrolet Crossover

The recent round of trade embargos might have hurt Russia’s new vehicle market, but there’s no question that they’ve gotten the better deal when it comes to a small Chevrolet crossover.

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Junkyard Find: Lada Niva

When I went to Iceland to abuse some Subarus, I managed to visit a couple of Reykjavik junkyards and poke around a bit. In addition to the weird-to-American-eyes French cars and puzzling quantities of 1990s Chrysler products, I found this VAZ-2121 aka Lada Niva 3-door wedged nose-to-tail with a green Megane.

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Secret Picture Reveals: Carlos Tavares Defaces Car, And Vladimir Putin Just Stands There

They did not know that TTAC’s man in the cold was surreptitiously snapping pictures with his iPhone. Again-elected Russian Prime Minister Vladimir Putin simply watched while Renault COO Carlos Tavares defaced the hood of a brand-new car with a Magic Marker. Nissan’s COO Toshiyuki Shiga grinned and did not interfere either. This is how they celebrate the opening of a new car factory, this afternoon in Russia.

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Not True: "Nissan-Renault To Take Control Of Russia's AvtoVaz"

Rumors of Renault and Nissan taking over Russia’s AvtoVaz have been around for a while. We have a new one! The Nikkei [sub] picked up indications that Nissan and Renault will take a majority in AvtoVaz, Russia’s largest automaker. Except that The Nikkei doesn’t report it as a rumor. The headline “Nissan-Renault To Take Control Of Russia’s AvtoVaz” sounds quite definite. Sadly, it is not true.

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  • ToolGuy This is the kind of thing you get when you give people faster internet.
  • ToolGuy North America is already the greatest country on the planet, and I have learned to be careful about what I wish for in terms of making changes. I mean, if Greenland wants to buy JDM vehicles, isn't that for the Danes to decide?
  • ToolGuy Once again my home did not catch on fire and my fire extinguisher(s) stayed in the closet, unused. I guess I threw my money away on fire extinguishers.(And by fire extinguishers I mean nuclear missiles.)
  • Carson D The UAW has succeeded in organizing a US VW plant before. There's a reason they don't teach history in the schools any longer. People wouldn't make the same mistakes.
  • B-BodyBuick84 Mitsubishi Pajero Sport of course, a 7 seater, 2.4 turbo-diesel I4 BOF SUV with Super-Select 4WD, centre and rear locking diffs standard of course.