Renault is selling its majority stake in Russian car manufacturer AvtoVAZ to a Russian scientific institute, the French car group said on Monday. At the end of April, a Russian minister already stated that AvtoVAZ, the company behind car brand Lada, will be transferred to the Russian Ministry of Industry. Since the Russian invasion of … Read more
The French group Renault left Russia. The AvtoVAZ factories in Tolyatti and Izhevsk, which belonged to the French, became the property of the Russian government, and the Moscow plant became the property of the city administration, reported Ministry of Industry and Trade of the Russian Federation. Follow LIGA.Business on Facebook: top business news Under the … Read more
The French group Renault has placed a lot of hope and also a lot of money in the cooperation between its brands Dacia and Lada. The traditional Russian carmaker was to help each other kick again. But now it seems that Renault will leave AvtoVAZ and with it Lada to the Russian state only for … Read more
At the end of April, Renault announced the suspension of all its activities in the Russian market, in response to Russia’s invasion of Ukraine. Now the French carmaker is completely withdrawing from one of its major markets. He will allegedly transfer the stake in AvtoVAZ to the state research institute NAMI, but will have the … Read more
Lada Vesta Cross | photo: AvtoVAZ – According to Mantur, there may be a transaction of options that will allow Renault to repurchase the contract within five and six years. The minister also said that according to his Moscow factory, Renault would transfer to the Moscow municipality. According to Reuters, this information could be one … Read more
Jakarta, CNN Indonesia — French car company Renault intends to suspend operations of its Moscow plant, Russia. Suspension immediately after Ukraine had invited the world to boycott Renault. Earlier, Ukraine called on other countries to boycott Renault, which refused to leave Russia. quote AFP, Renault immediately responded to the Ukrainian attitude. Even Renault did not … Read more
The Agent 007 or James Bond movie saga is a classic of world cinema. Portrayed by various icons on the big screen such as Sean Connery, Pierce Brosnan, Daniel Craigamong others, there are several requirements that must be met to embody this mythical character. Elegance, English style, height close to 1.90 m, seductive, “von vivant”, … Read more
Europe knows its Car of the Year. For the first time in history, it became a Korean car, the Kia EV6 electric car. Among other things, the advanced electric platform E-GMP, which “democratizes” Porsche technology, is responsible for this. Like the sporty Porsche Taycan Taycan, the EV6 has an on-board network that allows high-speed charging … Read more
The French carmaker Renault has announced that it does not have enough components due to forced problems in the supply chains and has to stop production at its Moscow plant. The production shutdown is to last from February 28 to March 5. The exact reason is according to company statement “increased controls at the borders … Read more
Surprise announcement of Renault: the French carmaker has unveiled the teaser of a new one concept-car which embodies the commitments of its sustainable development strategy in terms of respect for the environment, safety and inclusion. A car with the hydrogen engine which opens a new era for the transalpine brand. The brand new concept car … Read more