Renault to commit 300 mln euro to AvtoVAZ - Putin

Newswire

RAMBOUILLET, France, Nov 27 (Reuters) - Russia's Prime Minister Vladimir Putin said on Friday French car maker Renault will commit 300 million euros to ailing Russian car firm AvtoVAZ via a technology transfer. He said Renault may in the future invest directly in AvtoVAZ, which is due to receive 50 billion roubles ($1.73 billion) in aid from the government. Putin added AvtoVAZ and Renault also plan to start assembling Nissan models in Russia's Far East. (Moscow Newsroom, + 7 495 775 12 ...

Premium Content (PAID Subscription Required)

"Renault to commit 300 mln euro to AvtoVAZ - Putin" 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.

Sponsored Introduction Continue on to (or wait seconds) ×