Рейтинг@Mail.ru

The report in focus

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

Exit date 07.12.2020

Format PDF

Price 3500 eur.

The fourth autumn wave of the project is aimed at identifying consumer preferences in the ...

07 december more info

Analytics

Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

Infographics

The structure of dealer networks in terms of brands’ origin in Russia

News

AVTOVAZ bought out GM's stake in the joint venture for 471.8 million rubles

5.jpg

AVTOVAZ bought out General Motors' 50 percent stake in the GM-AVTOVAZ joint venture for 471.8 million rubles ($ 6.5 million), according to the company's 2019 financial statements. The amount of the transaction turned out to be several times less than the European Bank for Reconstruction and Development bailed out for a much smaller share in 2012, Interfax writes.

Recall that in December 2019, AVTOVAZ closed the deal to buy out 50% of the shares of the Togliatti JV GM-AVTOVAZ from the American company General Motors. Thus, the production site, later renamed LADA West Togliatti, became 100% owned by AVTOVAZ, and the Niva model returned to the LADA product portfolio. Thus, Niva becomes the second all-wheel drive SUV in the LADA family. The company intends to develop further its sales, which are now organized in the largest dealer network in Russia, with more than 300 sales and service centers.

Tags: avtovaz, russia, suv
31.07.20 AUTOSTAT
Source: www.autostat.ru