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Want to Return to Russia? Pay Up $1.3Bln, Avtovaz CEO Tells RenaultHe said Avtovaz has invested 67.5 billion rubles ($779 million) between 2023 and 2024 and plans to invest an additional 45 billion rubles ($520 million) in 2025 — bringing the total amount ...
Maxim Sokolov, the chief executive of Russia's largest state-owned car manufacturing company, said that AvtoVaz itself is expecting a 33% year-on-year drop in Lada car sales in April.
AvtoVAZ's Board of Directors approved the company's investment program for the next year — according to the plan, it will exceed 45 billion rubles. The bulk of these funds will be used for the ...
Maxim Sokolov, President of AVTOVAZ JSC, whose words are quoted in the message, outlined the company's goals for 2025. First of all, this is the launch of a car on a localized platform — the new Lada ...
AvtoVAZ’s chief executive says it’s only fair for Renault to compensate it for the money spent. Renault says it doesn’t “foresee any change for the short term” about returning to the ...
In early September 2022, Avtovaz CEO Maxim Sokolov announced that the company intended to submit a joint-stock company development strategy to the Russian government for discussion TOGLIATTI ...
TASS/. Avtovaz does not rule out increasing prices for Lada cars in August - September this year by an amount below inflation, an official representative of the company told reporters. At the same ...
Russia’s top car manufacturer "AvtoVAZ" eyes to launch a localization project in Iran where it can assemble the latest version of its popular Lada model.
James Marson leads Ukraine coverage for The Wall Street Journal.
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Through this new partnership, Renault and AvtoVAZ will share know-how and technology with regards to manufacturing and marketing in order to improve the attractiveness, competitiveness and overall ...
I met Bo Andersson in August, 2014 on the Moscow International Automobile Salon. Outstanding speech, beautiful AVTOVAZ stand with new car line presentation, accurate answers to the tricky journalists' ...
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