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    Renault’s bailout of Lada raises bet on Russia

    11.October 2016
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    Renault is poised to raise its bet on Russia, voting with other shareholders in troubled AvtoVAZ to launch an 85 billion ruble (1.2 billion euro) recapitalization in which the French carmaker may be the sole cash contributor.

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    Ghosn will give up AvtoVAZ chairmanship

    19.April 2016
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    Renault-Nissan said this week it will give up the chairmanship of AvtoVAZ, a further sign that its hold on the maker of Lada cars has been weakened by recent tensions over restructuring at a time of collapsing Russian demand for vehicles.

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    Renault Romania chief to become AvtoVAZ CEO

    15.March 2016
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    Nicolas Maure, the head of Renault’s Romanian subsidiary Dacia, will replace Bo Andersson as CEO of Russia’s largest automaker AvtoVAZ, a source close to AvtoVAZ shareholders told Reuters.

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    AvtoVAZ CEO Andersson to step down

    8.March 2016
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    The Renault-Nissan alliance said Bo Andersson planned to step down as CEO of AvtoVAZ, which builds Lada cars in Russia. AvtoVAZ’s board will meet on March 15 and is expected to announce Andersson’s replacement, the company said in a statement.

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    AvtoVAZ chief in struggle with suppliers

    23.June 2015
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    AvtoVAZ Chairman Bo Andersson is fighting back against suppliers he says are holding back his efforts to improve quality and cut purchasing costs at Lada, Russia’s best-selling car brand.

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    Renault delays consolidating Lada maker

    13.February 2015
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    Renault may delay adding Russian unit AvtoVAZ to its books, insulating the automaker from the country’s political and economic turmoil.

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    Lada prices will rise 9% on ruble weakness

    14.January 2015
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    AvtoVAZ will increase the price of cars from Russia’s best-selling Lada brand by 9 percent starting Thursday because of the plunging ruble, the country’s largest carmaker said.

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    Russia’s AvtoVAZ reports 2013 loss

    20.February 2014
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    Russia’s largest carmaker, AvtoVAZ, reported a loss of 6.9 billion rubles ($196 million) for 2013 due to a slump in the country’s auto market.

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    Magazín Automakers