In Post-Soviet Russia, Renault-Nissan Buys AvtoVAZ

by Derek Kreindler

May 4th, 2012 9:47 AM

in post soviet russia renault nissan buys avtovaz

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.

#AvtoVAZ #JointVenture #Nissan #Renault #RussianCars

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Advance_92 on May 04, 2012

I'd kind of like them to modernize the existing design, myself.

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- Marcelo de Vasconcellos on May 04, 2012
  
  I was thinking the same thing..Put some modern mechanicals in, some safety figures and voilà! A very interesting design. Or probably I'm just getting old.
  
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- Psarhjinian on May 04, 2012
  
  How would you modernize the existing design? It's fundamentally archaic. It'd be like updating the Panther. (poke, poke)
  
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- Advance_92 on May 04, 2012
  
  @Marcelo de Vasconcellos "Or probably I’m just getting old." Yup. Me too, though.
  
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- Marcelo de Vasconcellos on May 04, 2012
  
  @psarhjinian Put in modern mechanicals! The design I'd leave pretty much alone. Don't know if it'd be possible to do so. If there's space in the engine pay for example. Or if you could fit airbags in the steering somewhere. But I was just commenting on the design. To these tired eyes, it looks pretty good :)
  
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- Psarhjinian on May 04, 2012
  
  @psarhjinian So, a Mini Cooper/New Beetle take on the 2106? That would be kind of awesome...
  
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- Marcelo de Vasconcellos on May 04, 2012
  
  @psarhjinian You get it comrade!
  
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- Pete Zaitcev on May 04, 2012
  
  @psarhjinian That's actually a 2103 in the picture, not the 2106.
  
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Stroker49 on May 04, 2012

Me and seven friends took our rigid long forked Harley choppers for a ride in Russia last summer. There I saw some Volga Siber (Sebring).

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Djn on May 04, 2012

I'm thinking that Sergio will have a cool retro surprise for us in a couple of years. Cinquecento, ok, why not a 124?

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Les on May 07, 2012

So, when can we expect Lada Nivas here in the US?

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