MOSCOW – Renault SA and the city of Moscow approve an increase in the capital stock of their 50/50 joint venture, OAO Avtoframos, by $40 million. Avtoframos assembles 100 Renault Symbols per month. The two partners will maintain parity in the JV, with each retaining its 50% stake. A plan to increase Renault’s share to 62%, which was announced in October 2002, has not been realized. Currently Avtoframos assembles about 100 Renault Symbol small sedans per month from kits ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!

For pricing and subscription information please contact
LisaWilliamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.