News
25/02/2022
AVTOVAZ acquired GM's stake in the joint venture for 0.4 billion rubles
Russian Automotive Market Research
AVTOVAZ bought out General Motors' 50% stake in GM-AVTOVAZ joint venture for 0.4 billion rubles.
Recall that in December 2019 AVTOVAZ signed the agreement with General Motors to buy 50% of shares of GM-AVTOVAZ joint venture from the American company. As a result of the transaction, the company, later renamed LADA Zapad Togliatti, became a 100% affiliated company of AVTOVAZ Group. As part of the agreement, Niva SUV returned to LADA model line-up.
Other news from section:
18.12.2025
A video with two new crossovers, M70 and M90, appeared on the Telegram channel of the Russian Moskvich brand.
M70 is a compact crossover equipped with 1.5-liter or 2.0-liter units. Engines are paired with a classic 9-speed automatic gear box and front-wheel drive. In the future, it is planned to bring an all-wheel drive version to the market.
The future M90 flagship of the brand is equipped with 2.0-liter power plant, coupled with...
18.12.2025
Full-cycle assembly of Haval M6 crossovers at the former PSMA Rus plant started in summer of 2025. Over the entire time, 10 thousand cars were assembled, according to Autonews.
Recall that full cycle production of Haval M6 crossovers with body welding and painting started in July this year. For this purpose, the similar flow control system was developed and integrated, a component base was formed and adapted for mass production, and other...
News archive