Renault Sells Russian Assets for 1 Rouble, Moscow Takes Over to Revive Moskvitch

News surfaced yesterday that Renault has decided to sell its Russia operations and stake in Lada for the grand sum of 1 rouble (or double that amount, depending on the source). For those playing at home, a single unit of Russian currency is presently worth 1.5 cents in America as of this writing.

Following that announcement, reporters at The Moscow Times said the country quickly nationalized a major factory belonging to Renault, marking one of (if not the) first major transfer of private assets into state control since the invasion of Ukraine.

What does Russia plan to do with the facility? Kickstart production of the Moskvitch, of course.

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More Weird Diecast Cars To Clog Up My Desk: Malaise Detroit, Warsaw Pact

Once the word gets out that a 24 Hours of LeMons judge has a thing for oddball toy cars, racers will scour the earth to find increasingly obscure and/or terrible examples. What goes with a Leyland P76 and a Nissan Prairie?

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1969 Automobile Revue: Russia Takes The Cake For Sexy Ads

The Geneva Auto Show always reminds me of one of my prize items of late sixties memorabilia: the 1969 Automobil Revue catalog that was always issued in conjunction with the Geneva show. Here are a few scans from some of the ads, which show another glaring reason for the collapse of the USSR: their car ads. If these two sexy guys posturing in front of the “new” Moskvich don’t quite turn your crank, I assure you, the Russians knew how to make straight sexy ads too:

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  • V8-1 Go hybrid and wait for Toyota to finish its hydrogen engine and generator/separator.
  • Poltergeist I expect this will go over about as well as the CR-Z did 15 years ago.
  • Michael S6 Welcome redesign from painfully ugly to I may learn to live with this. Too bad that we don't have a front license plate in Michigan.
  • Kjhkjlhkjhkljh kljhjkhjklhkjh A prelude is a bad idea. There is already Acura with all the weird sport trims. This will not make back it's R&D money.
  • Analoggrotto I don't see a red car here, how blazing stupid are you people?