AvtoVAZ has closed the acquisition of the United Automotive Group for RUB 1.7bn (US$56.5m).

The transaction complied with terms of an MoU signed in December 2010 for the long term development and mordernisation of UAG’s IzhAvto.

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The merged companies are preparing to start production of the new AvtoVAZ Lada Granta model line.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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