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:
08.10.2026
NAMI showed how the premium Aurus Komendant SUV could change after a facelift. Patent images of the updated model have appeared in the database of the Federal Institute of Industrial Property (FIIPS), Autonews reports.
According to images, the car will receive a noticeably redesigned front end. In particular, the SUV will receive reshaped headlights that will become narrower, a new radiator enclosure, and the updated air intakes.
Patent...
08.10.2026
The hybrid version of LADA Azimut crossover will receive a Russian-made lithium-ferrophosphate (LFP) traction battery. According to Autonews, citing the AvtoVAZ press service, the production of this battery will be launched by the Autonomous Energy Systems company included in the Itelma group.
Recall that it is currently known that the hybrid LADA Azimut will receive a series-parallel powertrain and all-wheel drive. Exact specifications have...
News archive