By on March 5, 2008

cp-forster.jpgWhen Renault bought a 25 percent stake in Russia's AvtoVAZ late last month, we thought it was just another company chasing the big money in Russia's expanding car market. Having jointly manufactured cars with VAZ for years, GM clearly sees the French incursion in slightly more threatening terms. Speaking in Geneva (via CNN Money), GM Europe president Carl-Peter Forster says "it's too early to tell" exactly how the Renault play will affect the Chevy Niva joint factory in Tolyatti. But he's clearly worried. So worried in fact, that he became downright effusive while describing his company's desire to continue the Tolyatti venture. Calling the factory "a nice little diamond, a gem," Forster unwittingly raised serious concerns about his mental health and/or his local knowledge. Less than a week ago, the head of procurement for AvtoVAZ was found stabbed to death in his Tolyatti apartment. It's hard to decide which is funnier: Renault buying a stake in VAZ within days of the stabbing of one of its executives, or GM's concern that it won't be the only game in a town where gangs are waging a turf war to control the auto industry. As the Brits say, it's six of one, a half dozen of the other.

Get the latest TTAC e-Newsletter!

2 Comments on “GM Unhappy with Renault’s Stake In Russian Carmaker...”


  • avatar
    jaje

    GM has the experience in working with organized crime – as it’s management is from the same mindset and they have to work with the uaw / caw (who we all know has had plenty of its leaders very well entrenched in such shenanigans).

  • avatar
    jurisb

    yes, joint venture, right. Chevy niva is 100% russian engineered junk SUV , Gm bought stakes in it and decided that stupid people would buy this Niva bettere if theuy slapped Chevy badge on it. Screw you, retarded GM!

Read all comments

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • fazalmajid: The car makers need to provide more transparency because they’ve been lobbying the Federal government to...
  • dal20402: Yep, in the ’21+ the outer seat portions are exactly the same.
  • JonBoy470: It is of course illegal to operate non-compliant vehicles on public roads, but the law, as written, also...
  • JonBoy470: These speed shops are operating without even the merest whiff of plausible deniability that parts vendors...
  • Carlson Fan: “Start saving, spring 2024 will probably be your first real opportunity.” Yep I’d say...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber