Russia AvtoVAZ says "misunderstanding" with GM over


MOSCOW, Aug 30 (Reuters) - Russia's largest car maker, AvtoVAZ , said on Wednesday it had settled "misunderstanding" with partner General Motors , agreeing to boost output at their joint venture. Set up in 2001 to produce up to 102,000 cars a year, the troubled GM-AvtoVAZ venture halted its production line in February amid complaints by the Russian partner that it was losing money, supplying car kits to the venture at prices below their cost. Last year the venture sold only around 50,000 ...

Premium Content (PAID Subscription Required)

"Russia AvtoVAZ says "misunderstanding" with GM over" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×