Russia carmaker Avtovaz has '08 loss, no div-source

Newswire

MOSCOW, Jan 30 (Reuters) - Russian carmaker AvtoVAZ , in which Renault owns a 25 percent stake, will show a net loss to Russian accounting standards and pay no dividend for 2008, a senior company source said on Friday. "We are in losses. What kind of dividends are we going to pay?" the source said. "We have not published the results yet but there is nothing to hope for there." (Reporting by Anton Doroshev, writing by Melissa Akin)

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