Renault takes 25% of the assets of Lada

In fact, the industry group Renault takes 25% stake in the Russian manufacturer AvtoVAZ. For those who follow the global automotive pressure on, it is a big surprise, since manufacturers-General Motors and Fiat were seen as the only two players interested to want to associate with the Russian group.

According to some sources, the agreement between these two companies would bring disbursed approximately EUR 660 million to Renault. However, this sum seems very important in reality represents a logical investment from the French manufacturer who knows very well the current input and especially to come auto markets of the so-called Eastern European countries, including Russia, which coincidentally is in full boil.

The huge industrial complex Togliatti are manufactured or most vehicles Lada has a production capacity of up to one million units annually. Added together to units produced by Renault and Nissan, it propels the french group ranked 3rd world, in terms of world production, behind-General Motors and Toyota.

Another extremely important advantage for Renault is the fact that he is the owner for many years of the Romanian manufacturer Dacia, specialist in making cars affordable to many automotive markets everywhere around the world. It would not be surprising move in the coming years, vehicles Lada built from the platform of the car the most popular.

Despite these new agreements, the association between companies AvtoVAZ and General Motors, in manufacturing, among other Chevrolet Niva, remains intact ...