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Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

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Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More

Avtovaz will offer Renault a large minority stake in the struggling company, the Interfax news agency quoted an official with the state concern that controls Avtovaz as saying.

OAO Avtovaz has been considering bids from foreign companies including General Motors Corp. (NYSE:GM) and Fiat SpA.

Avtovaz President Sergei Chemezov will present the project to Renault Chief Executive Carlos Ghosn on Saturday in the Russian city of Togliatti, Renault spokeswoman Rochelle Chimenes said. She declined to give further details.

Avtovaz, maker of the boxy Lada sedans that were a staple among the relatively small number of car owners during the Soviet era, has found it difficult to compete with higher-quality imports.

Read More