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 ...

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