MOSCOW — General Motors Corp. and Russia's AO AvtoVAZ this month formalize their US$332 million joint venture to build automobiles in Russia (see WAI Update — Feb. '01, p.1). The European Bank of Reconstruction and Development (EBRD), which is contributing US$140 million in financing, is the third partner. GM Chief Executive G. Richard Wagoner traveled to Russia to sign a General Framework Agreement for the venture. Terms call for GM and AvtoVAZ each to hold 41.5% stake in the JV, with ...

Premium Content (PAID Subscription Required)

"GM, AvtoVAZ seal auto-making deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.