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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

I’ve been fortunate enough to be invited by Subaru to test drive the new Subaru WRX STI tomorrow in Durban, KZN. Subaru motor group are flying me out from Cape Town to Durbs for the day. I will be joined by car journalists from other motor publications for the launch of the new car in South Africa. I should be back tomorrow evening (Wednesday) and will publish my review then! For now induldge in some of these photos of the scoobie at the Toyto auto show.
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Ferrari’s F430 Scuderia is the type of car most of us can only dream about driving but for the lucky guys at Fifth Gear getting behind the wheel of the latest Ferrari supercar is just another day at the office. Find out if the 510hp Scuderia is quicker than the Enzo flagship around Ferrari’s test track in this latest video review.

carblog.co.za

Related announcements:
A.Lange and Sohne Flyback Chronograph
Seat - Ibiza Tdi Sport Van - 2003 Guimaraes
Ã%jjeli Å’r - kutyás Å’r - vagyonÅ’r - állást kÃ-nál Budapest - Ingyenes hirdetÃcsfeladás - Slando Budapest - munkalehetÅ’sÃcgek, állásajánlatok

Porsche unveiled the 911 in 1963. From then, to our days the model suffered lots of changes. A very nice review of how the 911 evolved is made in this video. Enjoy!

carblog.co.za

Ford Motor Co. Executive Chairman Bill Ford Jr. said Wednesday the automaker is “very prepared to get going” in its talks with the United Auto Workers union on a new four-year contract.

Speaking in Chicago following a ceremony to commemorate the launch of a national network of community-based high schools, a project supported by Ford, the executive said the automaker is “still learning all the details” of the deal worked out between the UAW and General Motors Corp. last week, “but the broad framework is certainly something we can work with.”

GM and the UAW agreed on the terms of a new deal that involves significant wage and benefits restructuring, as well as a commitment by the automaker to invest in the U.S. The agreement also includes the establishment of a trust, known as a voluntary employees’ beneficiary association, or VEBA, that will absorb tens of billions of dollars worth of retiree health care liabilities.

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Ford Motor Co. Executive Chairman Bill Ford Jr. said Wednesday the automaker is “very prepared to get going” in its talks with the United Auto Workers union on a new four-year contract.

Speaking in Chicago following a ceremony to commemorate the launch of a national network of community-based high schools, a project supported by Ford, the executive said the automaker is “still learning all the details” of the deal worked out between the UAW and General Motors Corp. last week, “but the broad framework is certainly something we can work with.”

GM and the UAW agreed on the terms of a new deal that involves significant wage and benefits restructuring, as well as a commitment by the automaker to invest in the U.S. The agreement also includes the establishment of a trust, known as a voluntary employees’ beneficiary association, or VEBA, that will absorb tens of billions of dollars worth of retiree health care liabilities.

Read More