Renault backs new president at Russia's AvtoVAZ

Newswire

MOSCOW, Aug 28 (Reuters) - Renault said on Friday it had backed a management reshuffle at AvtoVAZ that is expected to bring the leadership of the Russian car maker closer to state conglomerate Russian Technologies. On Friday, the AvtoVAZ board voted to replace President Boris Alyoshin with his first deputy, Igor Komarov, an adviser to the head of Russian Technologies. France's Renault and state-owned Russian Technologies each own 25 percent of AvtoVAZ. "We supported Komarov's candidacy, ...

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