VIENNA – Russian auto maker OAO AvtoVAZ signs an agreement to buy a 25% share of the Kazakh assembler AO Asia Avto. Based in Ustj-Kamenogorsk, Asia Avto assembles AvtoVAZ, GM Daewoo Auto & Technology Co. and Skoda Auto a.s. vehicles from semi-knocked-down kits sourced from Russia, Czech Republic and South Korea. Asia Avto’s portfolio includes the Chevorlet Lacetti, Epica and Captiva; Lada 4x4 and Samara 21099; and Skoda Octavia Tour. Asia Avto’s annual capacity is 45,000 units. ...
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