UPDATE 2-Russia pledges Renault AvtoVAZ deal aid-French govt

Newswire

* Renault, Nissan to contribute 300 mln eur * Renault exec sees 2010 Russian car mkt below 1.6 mln units (Adds Esteve comments on deal, background) By Helen Massy-Beresford RAMBOUILLET, France, Nov 27 (Reuters) - French carmaker Renault on Friday stepped in to help struggling Russian partner AvtoVAZ survive until its crisis-hit market recovers. Renault, with its Japanese partner Nissan , will provide 300 million euros via technology transfer to the heavily-indebted Lada maker in ...

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