Should French carmaker Renault wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at ...

Sokolov says that Renault had been investing roughly 20-22 billion rubles (~$226-249 million) into AvtoVAZ annually before it ...

The exit of foreign businesses from Russia created domestic winners, some of which picked up abandoned assets at fire sale ...

(Reuters) - Should French carmaker Renault wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion roubles ($1.3 billion) to cover ...

Swedish auto supplier Autoliv has sold its Russian business to local automotive group Avtodom, which has already snapped up German carmaker Mercedes-Benz's former plant in the country, Russian ...

French automaker Renault would need to reinvest 112.5 billion rubles ($1.29 billion) to regain its former Russian assets, the ...

Russian automaker AVTOVAZ has stated that Renault will need to compensate up to $1.3 billion if it wishes to re-enter the Russian market and regain i ...

President Donald Trump's special envoy Steve Witkoff said on Sunday that there would be an expectation that U.S. firms may do ...

The Russian car market, including passenger cars, light commercial vehicles, trucks and buses, grew 7% year-on-year to 102,500 vehicles in January. The Industry and Trade Ministry previously presented ...

Maxim Sokolov, President of AVTOVAZ JSC, whose words are quoted in the message, outlined the company's goals for 2025. First of all, this is the launch of a car on a localized platform — the new Lada ...

Explore how Russia's manufacturing sector is experiencing a remarkable revival, driven by domestic demand, government ...