AvtoVaz

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

AvtoVAZ CEO sees 'massive' room for improvement at Lada

Oct. 7, 2014 06:30 CET
Bo Andersson, who became CEO of Russia's AvtoVAZ in January, has been working to turn the carmaker into a profitable part of the Renault-Nissan alliance. Andersson shared some of his early accomplishments with Automotive News Europe....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

AvtoVAZ rebound key to Ghosn's grand plan for Renault-Nissan

Oct. 6, 2014 06:01 CET
Renault-Nissan CEO Carlos Ghosn's plan to make the alliance one of the top three global automakers by 2016 could be derailed if Russia's largest automaker, AvtoVAZ, fails to recover from the country's latest market collapse....
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AvtoVAZ mulls in-house parts production to halt monopolies, corruption

Aug. 30, 2014 10:06 CET
AvtoVAZ, the Russian carmaker controlled by Renault-Nissan, may bring some parts production in-house to gain more competitive pricing and stamp out corruption in its local supply chain....
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AvtoVAZ to cut workforce by 45%, report says

Aug. 29, 2014 12:22 CET
AvtoVAZ plans to reduce staff numbers by 25,000, finance head Evgeny Belinin told a French newspaper. AvtoVAZ, controlled by the Renault-Nissan alliance, is also cutting Lada production and freezing vehicle prices....
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Renault could turn Russia crisis to its advantage

Aug. 27, 2014 17:32 CET
Renault could turn a market crisis to its advantage as Moscow considers a subsidy scheme to steady demand and a weaker ruble undermines rivals that make fewer parts locally....
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AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Aug. 27, 2014 10:54 CET
AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer of Lada vehicles since the end of the Soviet Union....
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Russia's AvtoVAZ to cut Lada production

Aug. 25, 2014 12:02 CET
Russia's AvtoVAZ said it plans to cut production of its Lada cars in the next three months by 25,000 because of rapidly declining demand for new vehicles in the country....
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AvtoVAZ CEO Andersson aims to restore pride to Lada

July 29, 2014 13:12 CET
Bo Andersson, a former top purchasing manager at GM, aims to turn around the struggling Russian automaker AvtoVAZ through cost reductions and launching new Lada cars that can compete with Western competitors....
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Renault-Nissan completes deal to take control of AvtoVAZ

June 27, 2014 12:10 CET
Renault-Nissan has completed a deal to take control of Russia's largest automaker, AvtoVAZ, Renault said today. The alliance now has a 67.1 percent stake in the holding company that controls AvtoVAZ....
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AvtoVAZ plans deeper job cuts; 13,000 to go at Togliatti

June 6, 2014 16:40 CET
Russia's largest carmaker, AvtoVAZ, says it expects to cut about 13,000 workers -- up from 7,500 -- at its Togliatti plant due to falling sales of its Lada brand. The factory employed 65,891 at the end of last year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ghosn counts on Renault rebound to catch Toyota, GM, VW

June 2, 2014 06:01 CET
Renault-Nissan CEO Carlos Ghosn has high ambitions for the French-Japanese carmaking alliance. His aim is to "install Renault-Nissan as one of the top three global automakers."...
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Russian car sales will fall up to 20% in 2014, AvtoVAZ CEO says

May 22, 2014 15:51 CET
Russia's car market will shrink by as much as 20 percent this year as economic growth slows, AvtoVAZ CEO Bo Andersson said. Last year, sales fell 6 percent....
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Renault-Nissan's Russian resilience has limits

May 14, 2014 16:55 CET
Renault is looking closely at Western sanctions on Russia even though its carmaking alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine....
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Renault-Nissan's resilience to Russia's problems may be tested

May 14, 2014 15:46 CET
Renault is looking closely at Western sanctions on Russia even though its alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine....
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Ukraine crisis makes Andersson's turnaround of AvtoVAZ tougher

12:01 am U.S. ET | March 31, 2014
Bo Andersson, the new CEO of Russia's No.1 carmaker AvtoVAZ, is battling to revive the business amid economic uncertainty caused by the Crimea crisis....
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AvtoVAZ's 2013 loss shows scale of turnaround task for Russia's No. 1 automaker

March 28, 2014 10:54 CET
Russia's No. 1 carmaker, AvtoVAZ, slumped to a loss last year, hit by falling sales of its Lada cars, underlining the task facing new CEO Bo Andersson as he battles to revive the business amid economic uncertainty caused by the Crimea crisis....
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Renault least vulnerable European automaker in Russian turmoil

March 24, 2014 13:52 CET
Russia's leading carmaker, Renault-Nissan-AvtoVAZ, is best placed to withstand the effects of a weakening ruble from the fallout of the country's annexation of Crimea, analysts say....
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Ruble slide offers mixed blessings for Russia's car industry

March 22, 2014 06:01 CET
The damage to consumer confidence in Russia from a plunge in the value of the ruble could be offset for local carmakers as they become more competitive against foreign brands....
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Russia's AvtoVAZ reports 2013 loss on market slump

Feb. 18, 2014 12:02 CET
Russia's AvtoVAZ, which builds Lada cars, reported a loss of 6.9 billion rubles ($196 million) for 2013 due to a slump in the country's auto market....
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Lada-maker AvtoVAZ to cut 7,500 jobs as Russian car market slows

Jan. 23, 2014 17:26 CET
Russia's biggest carmaker, AvtoVAZ, will cut 11 percent of its work force to maintain profitability as economic stagnation hurts the domestic car market, CEO Bo Andersson said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Suppliers enter, expand in Russia ahead of forecast sales surge

Jan. 20, 2014 06:01 CET
Russia's “weak” auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up operations there....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Suppliers enter, expand in Russia ahead of forecast sales surge

12:01 am U.S. ET | Jan. 20, 2014
Russia's “weak” auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up operations there....
Read More »

 

Former GM exec Andersson named AvtoVAZ CEO

2:04 am U.S. ET | Nov. 5, 2013
AvtoVAZ has appointed Bo Andersson, a former top purchasing manager at GM, as CEO. He is the first non-Russian to lead the maker of Lada cars as it deepens ties with the Renault-Nissan alliance....
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AvtoVAZ appoints ex-GM executive Andersson as first non-Russian chief

Nov. 5, 2013 08:04 CET
AvtoVAZ has appointed Bo Andersson, a former top purchasing manager at GM, as CEO. He is the first non-Russian to lead the maker of Lada cars as it deepens ties with the Renault-Nissan alliance....
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