The current engine range of Avtovaz has not undergone major changes since , when the management of the plant stated that the engines were sufficient to meet the customer demands. The existing range has only been modernised within the last couple of years. In accordance with the order issued by the head of Avtovaz, which was published by the Interactive Media Publications, the company has started work on a new line of engines. Information on the suspension of new projects until 30 June is also included in the order. The development of key projects will also be carried out without interruptions, the upgrading of Largus, Vesta and the former Chevrolet Niva, which will be renamed as Lada Niva, in particular. The SUV will be upgraded in the second half of the year and catch up with the rest of the components, which survived the re-styling in
Prudential Regulation Authority Business Plan 2020/21
AvtoVAZ announces new board members - Just Auto
The idea behind the creation of the business unit is that Dacia and LADA will remain separate companies with their own brands, history and strategy, but they will benefit from more dedicated, focused and coordinated governance. Most importantly, they will be better integrated within the Groupe Renault system to leverage synergies. The launch of all new Niva in will definitively mark an important date for LADA in Russia but will also open new horizons for the brand. Business wise, today AVTOVAZ continues its transformation to become a world-class effective and competitive automotive manufacturer within Groupe Renault with the highest localization levels and an efficient business model. The Granta and the Vesta models occupy the 1st and the 2nd places of the Russian sales rating.
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Russia's technical standards agency said on Wednesday it had been informed about the voluntary recall by Avtovaz of 38, Lada 4x4 cars sold since June Maure, 55, is currently Managing Director for Renault Group operations in Romania, where he is in charge of all commercial and industrial activities. Far from its s roots as a socialist vision of the future, central Togliatti is lined with discount retailers, payday lenders and pawnshops as the recession has cratered the car market. Russia's top carmaker Avtovaz plans to reduce staff numbers to 30, by from 55, to boost competitivity, finance head Evgeny Belinin told France's Les Echos daily business newspaper at the Moscow motor show.
Though both companies had an equal share of ownership, the venture was managed exclusively by General Motors. In the joint venture briefly produced the Chevrolet Viva , based on the Opel Astra saloon, but after low sales of only 5, the model was dropped. The joint venture reached difficulties and production stoppages for a fortnight in February when AvtoVAZ was taken over by Rosoboronexport , the Russian state-owned arms-export agency, and a disagreement between the new owners and GM lead to stoppages of the supply of engines and other components. In September , the joint venture announced plans to expand by , hiring an additional 1, employees and increasing its annual production capacity from , to , vehicles. As of December , the joint venture produced , vehicles since production at Tolyatti commenced in