AvtoVAZ - automotive industry company news 
QUOTES: Russian Automotive Forum - Moscow
3 May 2013
This year's Russian Automotive Forum in Moscow organised by Adam Smith Conferences produced some lively debate and interesting comments. Here's a snapshot of what some of the speakers said.
COMMENT: Russia comes in from the cold
19 April 2013
All this week's pomp and circumstance of former British Prime Minister Margaret Thatcher's funeral has rekindled myriad memories of what it was like growing up in the 1980s in the UK - and just how much the political landscape has changed.
RUSSIA: Slow sales see cut in AvtoVAZ forecast
19 April 2013
AvtoVAZ will reduce its sales forecast for 2013 in May, CEO Igor Komarov has told the Prime Tass news service. This followed a decline in sales last month.
RUSSIA: AvtoVAZ aims for 1m vehicle production by 2017
17 April 2013
AvtoVAZ says it is aiming for annual production of 1m cars by 2017, although it adds it is likely to need a new series of models to do so.
RUSSIA: Avtovaz risks losing some of US$20.5m stuck in Cyprus
17 April 2013
Avtovaz's annual financial report suggests nearly half of its profit for 2012 is stuck in banks in Cyprus.
INTERVIEW: Agromash Holdings on PSA partnership in Kazakhstan
26 March 2013
PSA Peugeot Citroen recently inked a partnership with Agromash Holding, for the assembly and distribution of the French automaker's passenger cars and LCVs in Kazakhstan. Simon Warburton was in contact with the trailer and agricultural machinery manufacturer based in the huge country on Russia's southern border.
RUSSIA: Cutbacks at GM-Avtovaz
12 March 2013
GM-Avtovaz, the joint venture established by GM and Russia's largest carmaker Avtovaz in 2001 in Togliatti, will idle for three days over the next month as demand for the Chevrolet Niva slows.
RUSSIA: AvtoVAZ sales up 0.5%
8 March 2013
AvtoVAZ rose 0.5% on the year to 43,587 units in February, the company said in a report on Monday.
EXCLUSIVE: Dacia Logan MCV world premiere at Geneva
27 February 2013
A spokesperson for Renault has told just-auto that the second generation Dacia Logan wagon will have its world premiere at next week's Geneva motor show.
BRAZIL: More competitive Mexico wins VW Golf supply race
25 February 2013
Volkswagen has just announced it will build the seventh generation Golf alongside the Jetta and import it into Brazil from late this year or early in 2014.
FRANCE: Renault-Nissan Alliance posts record sales for 2012
4 February 2013
The Renault-Nissan Alliance sold a record 8,101,310 vehicles in 2012, around a tenth of the global light vehicle market.
RUSSIA: Car market forecast to rise by 5% in 2013
24 January 2013
Russia's car market is forecast by consultants PwC to rise by around 5% in 2013, continuing the growth trend of recent years.
RUSSIA: Lada still leads
18 January 2013
Ladas accounted for 18.3% of all new car sales in Russia in 2012, according to manufacturer AvtoVAZ.
JAPAN: Partsmakers develop Russian business
17 January 2013
Japanese autoparts manufacturers are entering Russia one after another, hoping to tap a new car market seen growing to roughly 3m vehicles a year.
RUSSIA: GM-AvtoVAZ tripling Chevrolet Niva output
17 January 2013
The GM-AvtoVAZ joint venture will more than triple its monthly output of Chevrolet Niva Limited Edition vehicles to 200 per month in 2013 to satisfy demand, business daily Vedomosti reported.
RUSSIA: Light vehicle market up 11% to new record in 2012
16 January 2013
The AEB has announced that the Russian light vehicle market grew by 11% last year to reach 2.94m units.
RUSSIA: Renault-Nissan joint venture to take 74% stake in AvtoVAZ by 2014
12 December 2012
Renault-Nissan is to plough US$742m into a joint venture with Russian Technologies State Corporation that will give the Franco-Japanese alliance a 74.5% stake in AvtoVAZ by mid-2014.
GERMANY: ContiTech building Russian pipe plant
11 December 2012
ContiTech is spending EUR13m (US$16.8m) on a new plant for air conditioning and power steering lines in Kaluga, Russia, a city also home to automaking joint ventures including Renault-Nissan-AvtoVAZ and Volkswagen.
RUSSIA: AvtoVAZ sales up 4.3% YTD
4 December 2012
Sales by AvtoVAZ rose 4.3% year on year to 559,300 units in January–November, the company said in a statement.
FRANCE: Old world gloom forces Faurecia to axe 1,500 jobs but Russia/North America bright
12 November 2012
Faurecia says restructuring costs in Western Europe will total EUR190m (US$242m) by the end of 2013 as it adjusts to plunging European demand.
RUSSIA: AvtoVAZ nine-month net profit halves
26 October 2012
Net profit at Russian automaker AvtoVAZ more than halved to RUB1.2bn in January–September from RUB2.5bn in the same period of 2011, executive vice-president for finance and corporate development Oleg Lobanov said.
INTERVIEW: New Chevrolet chief a fan of the brand and football
16 October 2012
Andy Higgins, the new managing director of Chevrolet UK from 1 October, is full of enthusiasm for both the brand and football - handy as his appointment coincided with news of Chevrolet becoming Manchester United's shirt sponsor starting with the 2014/2015 season.
INDIA: Nissan reveals price for first Datsun model
9 October 2012
A Nissan spokesperson has told an Indian daily that its first car for the Datsun brand will be priced under INR400,000 (US$7,695).
RUSSIA: Light vehicle sales up 10% in September
9 October 2012
Sales of new passenger cars and light commercial vehicles in Russia increased by 10% in September, according to data released by the AEB Automobile Manufacturers Committee (AEB AMC).
RUSSIA: AvtoVAZ H1 net profit more than quadruples
8 October 2012
AvtoVaz first half 2012 net profit for the period increased by 4.3 times to RUB27.4bn (US$873.5m) compared to the same period of 2011.
RUSSIA: Russian Technologies and Renault-Nissan increasing alliance's AvtoVAZ stake
28 September 2012
Russian Technologies and Renault-Nissan have agreed to form a joint venture (JV) to acquire a controlling stake in AvtoVAZ, the companies said in a statement on Friday (28 September).
RUSSIA: AvtoVAZ posts net profit at 1.3bm rubles
27 September 2012
AvtoVAZ has posted net profit of 1.3 billion rubles in the January–August period.
September 2012 management briefing: Paris Motor Show preview
25 September 2012
Glenn Brooks, at the Paris show, has compiled a listing of new vehicle world premieres, which he has been updating regularly over the last few months. As an accompaniment to this list, here's an extended preview written just ahead of the show.
FRANCE: Plastic Omnium expands fuel systems and bumper business in Russia and India
18 September 2012
Plastic Omnium says it will substantially increase its presence in Russia and India to capitalise on growing automotive business in both countries.
MOSCOW REFLECTIVE: A show heading for global status
13 September 2012
The Moscow Motor Show seemed to command more media and industry attention this year than in past years. Maybe that's not too surprising given a growing market and a strong flow of inward investment in production capacity from international OEMs. Tristan Young was there and offers a personal viewpoint on attending the show for the first time.
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