The Truth About Cars » Deripaska http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Mon, 14 Jul 2014 16:00:14 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.1 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » Deripaska http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Oleg Gets His Wish: Russia’s GAZ To Build Chevy Aveo http://www.thetruthaboutcars.com/2011/02/oleg-get-his-wish-russia%e2%80%99s-gaz-to-build-chevy-aveo/ http://www.thetruthaboutcars.com/2011/02/oleg-get-his-wish-russia%e2%80%99s-gaz-to-build-chevy-aveo/#comments Wed, 02 Feb 2011 11:19:34 +0000 http://www.thetruthaboutcars.com/?p=382592

Remember Oleg Deripaska? The Russian oligarch that had been under suspicion of money laundering and organized crime activities?  The very same Deripaska GM did not want to have close to Opel for fear of losing their precious intellectual property ? Yes, him. GM just handed him the blueprints and the tooling for the Chevy Aveo.

According to a GM press release, “General Motors Co. and Russian automotive manufacturer GAZ Group, part of Oleg Deripaska’s ‘Basic Element Group’, have signed an agreement for the contract assembly of the new Chevrolet Aveo small car at GAZ’s facility in Nizhniy Novgorod, Russia.”

Production of some 30,000 Aveos is scheduled to begin in mid-2012. The cars are for the Russian market. The new Aveo (Chevrolet Sonic in the USA) hatchback is latest technology. It debuted at the 2010 Paris Motor Show, and is a volume car destined for markets around the world. The Aveo shares a lot of technology with, some say is based on the Opel Corsa. So finally, Oleg gets his wish: An Opel.

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