Times are still tough in Russia, and your average Moscovite or St. Petersburgian doesn’t want to risk buying a new car — unless it’s a vivid, modern new Lada.
Lada, the much-maligned butt of Western jokes for decades, has reaped the rewards of luring a British ex-Volvo designer into its fold. In a vehicle market that continues to contract like a dying star, Lada’s new models are a pinpoint of light. (Read More…)
The Russian automaker that manufactures Lada vehicles won’t see Carlos Ghosn at its board meetings after this June.
The Renault-Nissan CEO and chairman is expected to be replaced as chairman of AvtoVAZ at the company’s June 23 shareholders meeting, the automaker has stated, with Dr. Serguey Skvortsov taking his place.
Ghosn remains the chairman of Alliance Rostec Auto BV, the holding company that controls AvtoVAZ. Renault-Nissan bought a majority stake in the company, which is a joint venture with Russian Technologies, in 2012. (Read More…)
Toyota is hoping to break the internet with an alluring butt shot of an upcoming Prius variant.
That, a new guy will turn around Lada (again), Buick says you’ll never drive an Avista, the second GM ignition trial begins, and Google’s got its eye out for buses … after the break!
Is Tesla planning a Model S update that squeaks past 300 miles of range?
That, a savior is needed at Lada’s parent company, Nissan wants your future car to be everything, Ford goes all in down under, and pedestrians and cars are meeting frequently … after the break!
Renault-Nissan CEO Carlos Ghosn warned Monday that Russia’s auto market will lose a third of itself under the nation’s recession.
Amid a weakening, unstable ruble, General Motors will suspend production at its St. Petersburg, Russia plant from mid-March through mid-May 2015.
Nissan last sold a car branded as a Datsun in 1981, but it’s bring the brand back for emerging markets like Indonesia, India, Russia and South Africa. The low cost brand will be launching in April in Russia with a starting price below RUB400,000 ($12,100) and go on sale there in late summer or early fall. Nissan is hoping that the new/old brand will attract consumers that had been considering used cars.
“The main objective (in Russia) is to be a serious alternative to the used car market – this is where we want to compete,” Jerome Saigot, director of Datsun’s operations in Russia, told Reuters. (Read More…)
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. (Read More…)
With the stroke of a few pens putting signatures under a contract in Moscow today, then Renault-Nissan Alliance has become Russia’s largest automaker. The Alliance took control of AVTOVAZ, maker of the market-leading Lada brand. Lada holds 30 percent of Russia’s rapidly growing car market. (Read More…)
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.