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Renault-Nissan wants to take control of the Russian manufacturer AvtoVAZ

The name AvtoVAZ perhaps not much tells you, but know that it is the largest Russian car manufacturer that manufactures, among other things, Lada vehicles.

Since 2008, the Renault-Nissan french group holds 25% of the gains of the Russian company whose finances are Pietre figure.

By 2014, Renault-Nissan plans to take control of AvtoVAZ.

An exercise that should cost him around € 570 million or more, depending on the value of the euro has come.

Renault is currently the fourth largest manufacturer in the world, behind General Motors, Volkswagen and Toyota, although the french group declared the third place holder.

Renault-Nissan wants to take control of the Russian manufacturer AvtoVAZ picture #1

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