Merger of Nissan and Renault. The Renault-Nissan Alliance and the Russian Technologies State Corporation are creating a joint venture to finally consolidate the strategic partnership with AvtoVAZ. Renault: restore order in Russia

Business, 11 March, 09:19

The media reported the possible closure of the Renault and Nissan plant ... Japanese agency Kyodo, citing sources. Ghosn headed the enterprise Renault-Nissan BV until he was arrested in Japan on November 19, 2018.... March 12 leadership Nissan, Renault and Mitsubishi will hold a joint press conference in Yokohama. Former head alliance Renault-Nissan-Mitsubishi is accused of hiding a total of $80 million in revenue. According to the prosecution, Ghosn also blamed Nissan their... Carlos Ghosn steps down as head of Renault ...removed from leadership positions in Nissan. Carlos Ghosn steps down as chairman and chief executive officer Renault on the evening of January 23, said... . The board will be headed by Michelin President Jean-Dominique Senard. Ghosn, who also headed Nissan Motor, was arrested in Japan on November 19 on suspicion of concealing income and use of assets Nissan for private purposes. A couple of days later, the board of directors of the Japanese automaker... French authorities have denied reports of a possible Renault merger and Nissan ... The mayor noted that France is committed to the proper functioning and durability of the alliance Renault And Nissan. The day before, the Japanese newspaper Nikkei wrote that the French government delegation... visiting Tokyo told the Japanese side that it would strive for unification Renault And Nissan to a holding company. According to the publication, due to the increase... The media learned about France's demand to merge Renault and Nissan ... the Japanese side, which will strive to unite the French automaker Renault with Japanese Nissan into a single holding company. This is reported by a Japanese newspaper..., Paris has renewed pressure for a merger. Nissan opposes, fearing that the French government, which is a shareholder Renault, will have the opportunity to influence the policy of the united... Senar. Now the two companies are forming an alliance, Renault controls 43% Nissan, and that one - 15% Renault. Former top manager Nissan Carlos Ghosn in December 2018... The joint venture between Renault-Nissan and Rostec became the sole shareholder of AvtoVAZ Alliance Rostec Auto B.V. - alliance joint venture Renault-Nissan and the state corporation Rostec - increased its share in AvtoVAZ to 100%... Chemezov spoke at the end of May. At that time the joint venture Renault-Nissan and Rostec owned 83.5%. In October, the company announced... Nissan postpones decision on new director Board of three external directors of the alliance Renault-Nissan-Mitsubishi postponed the question of candidacy for the head instead of the one arrested for concealment... formally remained as CEO Renault. In fact, Thierry Bolloré was appointed to perform his functions. Ghosn also formally remains the head of the alliance Renault-Nissan-Mitsubishi. thirty ... The Ministry of Industry and Trade did not consider Ghosn’s arrest a threat to the work of Renault-Nissan in Russia Alliance work Renault-Nissan-Mitsubishi in Russia and negotiations on concluding a special investment contract with AvtoVAZ..., TASS reports. “The decisions that such big company like an alliance Renault-Nissan, are accepted according to a certain procedure and never depend on one... according to the official, representatives of the alliance Renault-Nissan-Mitsubishi informed the Ministry of Industry and Trade about Ghosn’s arrest. Ghosn was arrested on November 19. IN Nissan came to the conclusion that he... The arrest of the head of Renault-Nissan-Mitsubishi was extended for ten days The Tokyo District Court extended the arrest of the head of the alliance Renault-Nissan-Mitsubishi Carlos Ghosn and top manager Greg Kelly for ten... Times citing sources on the board of directors Nissan, Ghosn planned to merge the company with Renault. It was supposed to happen within a few months. The day before, the French authorities proposed introducing temporary leadership in Renault. According to the company's website, Ghosn, who is "temporarily disabled... Nissan revealed details of the investigation against the alliance's CEO ... directors and general director of the alliance Renault-Nissan-Carlos Ghosn's Mitsubishi is suspected of reporting understated income. This is reported on the website Nissan. The automaker will continue to do this for... the message says. Chief executive officer Nissan Hiroto Saikawa will propose to the company's board of directors to fire Ghosn and Kelly... division Renault. In 1999 he became executive director Nissan after its merger with Renault, and in 2001 he rose to the rank of general director of the company. Nissan ... The head of the Renault-Nissan-Mitsubishi alliance was arrested in Japan ...The head of Japan was detained automobile alliance Renault-Nissan-Mitsubishi, one of the most successful managers of the global auto industry, Carlos Ghosn. Previously Nissan reported on an internal investigation... of one of the most famous auto industry managers in the world, the head of the alliance Renault-Nissan-Mitsubishi of Carlos Ghosn. This was reported by the Yomiuri newspaper and TV channel...

Business, 29 March 2018, 15:42

Bloomberg learned about Nissan and Renault merger talks ...Gon. French Renault SA and Japanese Nissan Motor Co. are negotiating a merger to strengthen their alliance (known as Renault Nissan), writes Bloomberg since... months. Previously, Carlos Ghosn promised to make an alliance Renault And Nissan"irreversible". He resigned from his position as CEO Nissan in order to focus on unification... 10.7 million cars, Toyota - 10.4 million. Alliance representative Renault-Nissan in response to a request from RBC, it refused to comment on “rumors and speculations... Renault-Nissan Renault Renault-Nissan Renault Renault Renault-Nissan ... Co-owner of AvtoVAZ became largest automaker peace ...with the recovery of demand in Russia. According to the results for the first half of the year, Renault-Nissan sold 5.268 million cars worldwide, reports Financial.... Car sales Renault worldwide grew by more than 10%, amounting to 1.879 million cars. Thus, Renault-Nissan became largest producer... Renault from work in Russia amounted to €3 million. As the FT notes, Russia is now for Renault largest market after France. Joint venture Renault-Nissan ... Renault Renault Renault-Nissan AvtoVAZ postponed the second stage of the additional issue of shares worth more than 46 billion rubles. ... issue of securities,” the statement says. As a representative explained to Interfax Renault(owns 40.7% of the shares of the main shareholder of AvtoVAZ Alliance Rostec Auto... April 2018 inclusive," he said. According to the representative, in Renault expect the closed subscription phase to be completed by the end of 2017... Alliance Rostec Auto B.V. (a joint venture of Rostec and the alliance Renault-Nissan). As a result of the additional issue, the automaker can raise about 95.275 billion... ... clarified. IN Renault Renault-Nissan Renault-Nissan Renault-Nissan Renault-Nissan Renaissance Capital will sell its stake in AvtoVAZ ... clarified. IN Renault on Saturday, June 3, they did not respond to RBC’s request. Renaissance Capital declined to comment. Alliance Renault-Nissan and “Rostec...”. - RBC) - 51 billion rubles, Renault-Nissan- 32 billion rubles, as a result we will have 25% of the shares, Renault-Nissan- about 75%, the share of the joint venture (Alliance ... to the main shareholders and part-time creditors, that is, Rostec and Renault-Nissan. Thus, the circle of possible acquirers [of Renaissance shares]​ in general...

Business, 27 March 2017, 19:19

Renault-Nissan Renault-Nissan Renault-Nissan. Valeria Komarova

Business, 27 March 2017, 19:19

Reuters reported plans to delist AvtoVAZ in 2017 ... participation of the investment bank Renaissance Capital, Reuters reported, citing sources. Renault-Nissan and the state corporation Rostec, which through Alliance Rostec Auto BV own... in a further transaction, Reuters sources do not specify. Now the joint venture of the alliance Renault-Nissan and Rostec owns 64.6%, and other security holders - 11... "subsequently can resell its stake in AvtoVAZ to the Rostec joint venture and Renault-Nissan.

Business, 20 March 2017, 18:30

Renault-Nissan Renault-Nissan

Business, 20 March 2017, 18:30

AvtoVAZ shareholders approved an additional issue of 46.25 billion rubles. ... Rostec Auto B.V., through which the Rostec state corporation and the alliance Renault-Nissan own 64.6% of AvtoVAZ. As a result of the additional issue, the automaker may attract... years. “We will convert those loans that were made by the alliance Renault-Nissan, and Rostec. The alliance has about 34 billion rubles, and... Renault-Nissan Renault-Nissan Renault-Nissan, and Rostec. The alliance has about 34 billion rubles, and... The share of the main shareholder of AvtoVAZ decreased to 64.6% ... additional issue share of Alliance Rostec Auto BV (JV of Rostec and the alliance Renault-Nissan) decreased from 74.5 to 64.6%, as follows from the message... RBC) were distributed as follows: Rostec - 21.2% (was 24.5%), Renault-Nissan- 40.7% (was 47.04%). ​As RBC previously wrote, the second... year. “We will convert those loans that were made by the alliance Renault-Nissan, and Rostec. The alliance has about 34 billion rubles, and... Renault-Nissan Renault-Nissan Renault reset, and Renault Renault-Nissan - 25 ... Rostec converts all AvtoVAZ debt into shares ... 2017, we will convert those loans that were made by the alliance Renault-Nissan, and Rostec. The alliance has about 34 billion rubles, and... Chemezov. Explaining that this will complete the recapitalization process. Alliance Renault-Nissan and Rostec reported at the beginning of 2016 that they had begun... debt Renault reset, and Renault He also contributes additional money so that we [Rostec] still have a 25% stake plus one share, Renault-Nissan - 25 ... Bulten-Rus will produce fasteners for Renault-Nissan and AvtoVAZ ... "Bulten-Rus" became a supplier of fasteners for industrial projects of the alliance Renault-Nissan and AvtoVAZ (ARNPO), reports the press service of GAZ Group. "Contract for... AvtoVAZ's losses increased eightfold ... 200.4 thousand cars and assembly kits under the Lada brands, Renault, Nissan and Datsun - 30% less than a year earlier. Without taking into account... on the part of the shareholder - Alliance Rostec Auto BV (Rostec JV, Renault And Nissan), owning a stake of 74.51%. Interfax previously reported that... However, this requires the approval of the government and foreign shareholders - the alliance Renault-Nissan. AvtoVAZ's results for the first half of the year are quite expected due to the difficult... The State Duma proposed to simplify the legalization of car tuning ... in his address Romanovich. Soyuz-96 plant, producing accessories for automakers Renault, Nissan, Toyota, began to receive massive customer complaints, the head of the department told RBC... Enchanted generation: why our top managers are not welcome in emigration ... corporate CEOs emerging from emerging markets: Brazilian Carlos Ghosn in Renault Nissan, Indian Ajay Banga at MasterCard, Ivorian Tidjane Thiam at Credit... Renault-Nissan Renault Renault Renault Renault Renault AvtoVAZ will borrow 20 billion rubles. to pay for spare parts ....V., whose shareholders are Renault-Nissan(67.1%) and Rostec (32.9%). For what purposes does AvtoVAZ borrow money from Renault, in materials to... capital). In February two largest shareholder plant - Renault and Rostec - announced their readiness to recapitalize AvtoVAZ. Renault promised to contribute money, Rostec - to capitalize part... including to pay off the debt to Renault", says the expert. Another option is a loan Renault will be converted into AvtoVAZ shares, the manager adds...

Business, 15 March 2016, 14:23

Save from bankruptcy: what is known for new president AvtoVAZ Nicolas More ...,” the message quotes the words of the Chairman of the Board of Directors of AvtoVAZ and the President Renault-Nissan Carlos Ghosn. According to Rostec CEO Sergei Chemezov, whose words... structures Renault he has been working since 2000: he has worked his way up from director of procurement of spare parts and accessories to vice president Renault-Nissan on procurement... the results of AvtoVAZ’s work in 2015, the shareholders agreed to recapitalize the plant: Renault-Nissan will provide financial support, Rostec is ready to convert up to 52 billion rubles...

Business, 29 Feb 2016, 02:32

The media reported on the search for a replacement for the head of AvtoVAZ, Bo Andersson. ... RBC was told that both AvtoVAZ shareholders were dissatisfied with Andersson’s work - alliance Renault-Nissan and the state corporation Rostec (both companies declined to comment). Previously... AvtoVAZ and its subsidiaries will continue to operate continuously.” Representatives Renault, Nissan and Datsun did not comment on a possible change in AvtoVAZ management, a representative... ... Renault And Nissan Renault and chairman of the alliance Renault-Nissan Renault-Nissan Renault-Nissan announced the release of cars with autopilot in the next 4 years ... Renault And Nissan announced that over the next four years it will produce more than ten cars with automatic control. ​General Director Renault and chairman of the alliance Renault-Nissan... the highway is autonomous if there is no need to change lanes. Renault-Nissan this year will also launch an application for mobile devices, which... Renault Suppliers spoke about the suspension of the AvtoVAZ conveyor ... alliance Renault-Nissan. ​On Friday, AvtoVAZ experienced an unscheduled stop on the B-0 line, where Lada Largus and alliance models are assembled Renault-Nissan - Renault Sandero, Logan and Nissan Almera, two suppliers of the Togliatti plant told RBC. By...

MOSCOW, December 12, 2012, the Renault-Nissan alliance and the state corporation "Russian Technologies" created a joint venture that will own all their shares in the authorized capital of OJSC "AVTOVAZ" and will become a stable, long-term controlling shareholder for the largest car company in Russia and the owner of the LADA brand.

President of the Renault-Nissan Alliance Carlos Ghosn announced today the creation of the joint venture Alliance Rostec Auto BV at a ceremony in Moscow, together with the General Director of the Russian Technologies State Corporation, the Chairman of the Board of Directors of AVTOVAZ Sergei Chemezov and the President of OJSC AVTOVAZ Igor Komarov.

""Today's historic agreement is a unique deal that benefits all three brands, Renault, Nissan and LADA, and will mark a new stage successful cooperation,” noted Mr. Ghosn. - "The joint venture will accelerate our development in Russia and will contribute to the competitiveness of AVTOVAZ, the leader of the Russian automotive industry."

In accordance with the terms of the deal, the Renault-Nissan alliance will invest 23 billion rubles (equivalent to 742 million US dollars). As a result of these investments, Renault-Nissan will receive 67.13% of the capital of the joint venture by mid-2014. After this, the joint venture will own 74.5% of AVTOVAZ.

Renault will invest about 11.3 billion rubles (366 million US dollars) in the joint venture. Renault plans to obtain 50.1% of the joint venture by June 2014. Nissan will invest 11.7 billion rubles (376 million US dollars). Nissan plans to obtain 17.03% of the joint venture by the same period.

In the same period, the Russian Technologies State Corporation will receive 32.87% of the joint venture.

At the time of completion of the transaction in 2014, the joint venture being created will purchase all shares of AVTOVAZ, which are now owned by Troika Dialog Investments Limited. The transaction is subject to relevant conditions precedent, which must be strictly complied with.

Together to economic growth Europe

The Board of Directors of Alliance Rostec Auto BV will resolve strategic issues and objectives and will become a platform for discussion for the Renault-Nissan Alliance and the Russian Technologies State Corporation.

As part of the deal, Renault-Nissan President Carlos Ghosn will become Chairman of the Board of Directors of the Alliance Rostec Auto joint venture. The Board of Directors will include:

Three representatives from the Renault-Nissan Alliance: Dominique Thormann, CFO of Renault, Joseph Peter, CFO of Nissan, Bruno Anselin, Senior Vice President of Renault and COO of the Eurasia region;

Two representatives from the Russian Technologies State Corporation: Sergey Chemezov, General Director of the Russian Technologies State Corporation and Igor Zavyalov, Deputy General Director of the Russian Technologies State Corporation.

The AVTOVAZ Board of Directors will be expanded from 12 to 15 members. From the side of the Renault-Nissan alliance, it will include 8 representatives, whose candidacies must be approved by the Extraordinary Meeting of AVTOVAZ shareholders. It will take place on February 12, 2013. Sergey Chemezov will remain Chairman of the Board of Directors of AVTOVAZ, alternating in this post with Carlos Ghosn as Deputy Chairman of the Board of Directors since June 2013.

""Russian automobile market becomes the leader in Europe in terms of car sales,” said the corporation’s general director Sergei Chemezov. - By 2020, AVTOVAZ, together with its partners, plans to reach an annual production level of more than 1 million cars, the quality of which will meet the highest world standards. Thanks to the partnership with the Renault-Nissan alliance, new modern and highly paid jobs will be created for residents of the city of Tolyatti and the Samara region."

The deal is concluded eight months after grand opening Russian President Vladimir Putin of a new production line at AVTOVAZ in Tolyatti, productive capacity which produces up to 350 thousand cars per year. This line will become a platform for sharing automobile platforms. In the spring of 2012, the production complex has already launched production LADA Largus, and yesterday the production of a new Nissan Almera, which will reach full capacity in the spring of 2013. In 2013, the plant will produce five models of three brands on this line - LADA, Renault and Nissan. Investments in this project will amount to about 400 million euros.

""Strengthening our partnership is a natural stage general work, - said AVTOVAZ President Igor Komarov. - AVTOVAZ already became a multi-brand yesterday - we started producing a car for Nissan in Tolyatti. Accelerating integration will improve the efficiency of overall efforts and increase market share."

Additional Information:
The AVTOVAZ Group is part of the Renault-Nissan-Mitsubishi Alliance and produces cars according to full cycle production and auto components for 4 brands: LADA, Renault, Nissan, Datsun. Production area The groups are located in Togliatti - JSC AVTOVAZ and in Izhevsk - LLC LADA Izhevsk.
The LADA brand is represented in the B, B+, SUV and LCV segments, which account for 5 model families: Vesta, XRAY, Largus, Granta and 4x4. Brand takes 20% Russian market passenger cars. Official dealer network The brand is the largest in Russia - about 300 dealership centers.

K:Companies founded in 1999

Activity

In China

In June 2003 between Chinese companies Dongfeng and Japanese Nissan created a joint venture, Dongfeng Motor Company. The factory is located in Wuhan, China. The list of cars includes: Nissan Sunny, Nissan Bluebird, Nissan Teana and Nissan Tiida. By 2014, a number of vehicles are planned to be produced on the D automobile platform.

Daimler and Alliance

April 7, 2010 to improve quality and exchange modern technologies, as well as reduce joint costs, German company Daimler has entered into a strategic agreement with the Alliance. As a first step, Daimler will acquire a 3.1% stake in Renault and Nissan, in turn Renault and Nissan will each have a 1.55% stake in Daimler. Thanks to joint procurement and the use of a large number of standard auto parts and modern technologies, companies will significantly reduce their costs. IN in this case joint parts and technologies are aimed at mini car models: Daimler Smart and Renault Twingo

IN THE USA

In January 2012, the companies announced that they would jointly begin producing engines at Nissan's Tennessee plant for Mercedes-Benz.

In India

In 2010, the alliance opened its plant in India in Chennai to produce the Nissan Micra. The capacity of the new enterprise is 400,000 cars per year. As of 2012, the number of employees of the Indian plant was 6000, including 457 managers, 810 quality controllers, 4831 working operators, average age workers in production for 24 years.

In Brazil

In early October 2011, the head of the alliance, Carlos Ghosn, met with the President of Brazil, Mrs. Dilma Rousseff, and announced that the alliance intends to increase its production in Brazil by 2016. In particular, production of the existing Renault plant in Curitiba will be expanded and new plant Nissan with planned production and research center

In Russia

In June 2012 Alliance Renault Nissan started test assembly of Nissan Almera Classic and Nissan Bluebird Sylphy cars at the AVTOVAZ plant in Tolyatti. Started in 2013 mass production and car sales.

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An excerpt characterizing Renault Nissan (alliance)

During my “walks” I met many different, wonderful visitors who came to visit the Holy Pope. These were cardinals and some very high-ranking persons unfamiliar to me (which I judged by their clothes and how proudly and independently they behaved with the others). But after they left the Pope’s chambers, all these people no longer looked as confident and independent as they had before visiting the reception... After all, for Caraffa, as I already said, it didn’t matter who the person standing in front of him was, the only important one for the Pope it was HIS WILL. And nothing else mattered. Therefore, I very often saw very “shabby” visitors, fussily trying to leave the “biting” Papal chambers as quickly as possible...
On one of the same, absolutely identical “gloomy” days, I suddenly decided to do something that had been haunting me for a long time - to finally visit the ominous Papal cellar... I knew that this was probably “fraught with consequences,” but the anticipation of danger was a hundred times worse than the danger itself.
And I decided...
Going down the narrow stone steps and opening the heavy, sadly familiar door, I found myself in a long, damp corridor that smelled of mold and death... There was no lighting, but move on a lot of work didn’t deliver, since I’ve always been good at navigating in the dark. Many small, very heavy doors sadly alternated one after another, completely lost in the depths of the gloomy corridor... I remembered these gray walls, I remembered the horror and pain that accompanied me every time I had to return from there... But I ordered myself to be strong and don't think about the past. She told me to just go.
Finally, the creepy corridor ended... Having looked carefully into the darkness, at the very end I immediately recognized a narrow iron door, for which my innocent husband once died so brutally... my poor Girolamo. And behind which eerie human groans and screams were usually heard... But that day for some reason the usual sounds were not heard. Moreover, behind all the doors there was a strange, dead silence... I almost thought that Karaffa had finally come to his senses! But she immediately caught herself - Dad was not one of those who calmed down or suddenly became kinder. It’s just that, at the beginning, he brutally tortured him in order to find out what he wanted, later he apparently completely forgot about his victims, leaving them (like waste material!) at the “mercy” of the executioners who tormented them...
Carefully approaching one of the doors, I quietly pressed the handle - the door did not budge. Then I began to feel it blindly, hoping to find an ordinary bolt. The hand came across a huge key. Turning it, the heavy door crawled inside with a grinding sound... Carefully entering the torture room, I felt for the extinguished torch. There was no flint, to my great regret.
“Look a little to the left...” a weak, exhausted voice suddenly rang out.
I shuddered in surprise - there was someone in the room!.. Fumbling along the left wall with my hand, I finally found what I was looking for... In the light of a lit torch, large, wide-open, cornflower blue eyes were shining right in front of me... Leaning against the cold stone wall, sat an exhausted man, chained with wide iron chains... Unable to get a good look at his face, I brought the fire closer and recoiled in surprise - on the dirty straw, all smeared with his own blood, sat... a cardinal! And by his rank, I immediately understood that he was one of the highest-ranking, closest to the Holy Pope. What prompted the “holy father” to treat his possible successor so cruelly?!.. Did Caraffa even treat “his own” with the same cruelty?..
– Are you very ill, Your Eminence? “How can I help you?” I asked, looking around in confusion.
I was looking for at least a sip of water to give the unfortunate man a drink, but there was no water anywhere.
“Look in the wall... There’s a door... They keep wine there for themselves...”, as if guessing my thoughts, the man whispered quietly.
I found the indicated cabinet - there was indeed a bottle stored there, which smelled of mold and cheap, sour wine. The man did not move, I carefully lifted him by the chin, trying to give him a drink. The stranger was still quite young, about forty to forty-five. And very unusual. He resembled a sad angel, tortured by animals who called themselves “men”... His face was very thin and delicate, but very regular and pleasant. And on this strange face, like two stars, bright cornflower blue eyes glowed with inner strength... For some reason, he seemed familiar to me, but I just couldn’t remember where and when I could have met him.
The stranger groaned quietly.
- Who are you, Monseigneur? How can I help you? – I asked again.
“My name is Giovanni... you don’t need to know anything else, Madonna...” the man said hoarsely. -Who are you? How did you get here?
“Oh, this is a very long and sad story...” I smiled. – My name is Isidora, and you also have no need to know more, Monseigneur...
- Do you know how to leave here, Isidora? – the cardinal smiled in response. - Somehow you ended up here?
“Unfortunately, they don’t leave here so easily,” I answered sadly. “My husband couldn’t, at least... And my father only reached the fire.”
Giovanni looked at me very sadly and nodded, showing that he understood everything. I tried to give him the wine I found, but nothing worked - he was unable to take even the slightest sip. Having “looked” at him in my own way, I realized that the poor fellow’s chest was badly damaged.

The effective share of the Renault-Nissan alliance in the capital of AVTOVAZ exceeded 50%, the share of Rostec decreased to 24.5%, the Vedomosti newspaper reports. The alliance gained control over AVTOVAZ thanks to the concentration in its hands of 67.13% of shares in the Dutch company Alliance Rostec Auto BV, which owns 81.447% of ordinary shares and 47% preferred shares Volzhsky Automobile Plant. Rostec's share in the capital of Alliance Rostec Auto decreased to 32.87%.

The deal was completed on June 18, Renault-Nissan President Carlos Ghosn told Vedomosti. According to him, the completion of the transaction will not change the strategy of the enterprise - it will continue to be a platform for the production of cars from both Lada and alliance brands.

Earlier, Rostec CEO Sergei Chemezov spoke about the possibility of liquidating Alliance Rostec Auto BV and switching to direct ownership of AVTOVAZ shares.

“The Dutch offshore has actually already been liquidated; this company does not manage financial flows. It was created solely for administrative management. Since the Dutch offshore practically does not exist, we will re-register here in Russia,” Chemezov said in May 2014.

At yesterday's meeting of AVTOVAZ shareholders and the first meeting of the renewed board of directors, the liquidation of the joint venture was not discussed. A Rostec representative clarified that the joint venture will exist until 2016.

The main task of AVTOVAZ President Bo Andersson, according to Ghosn, will be to increase sales and market share of Lada cars and maintain the brand's leadership in the Russian automobile market.

The day before he announced that the release LADA cars Priora will continue until 2018, so a number of improvements will be made to the model.

“LADA Priora has its own consumers who respect this car and are not going to give it up. For them, we are preparing a car update program, which has received the code name Long Life. Now we are forming full list changes and are clarifying production volumes for the next four years,” said Nikolay Fofanov, director of the LADA Priora project.

AVTOVAZ plans to redesign the bumper and lighting equipment of the Priora, the steering wheel will receive electric heating, and new upholstery materials will be used in the cabin. The controllability of LADA Priora will be more high level, thanks to suspension settings similar to the Granta liftback in the luxury version. Gas-filled struts will be installed, negative camber angle rear wheels, new stabilizers and other equipment. In addition, LADA Priora will have vacuum booster increased dimensions and new pads, modified to eliminate squeaking.

It was previously reported that at the end of 2015. AVTOVAZ will begin mass production Lada sedans Vesta, which will replace the family Lada Priora. The choice of name at AVTOVAZ is explained by the fact that the Slavic name Vesta is associated with home, comfort, spring and the renewal of nature.

French automobile manufacturer Renault group based on the results of 2013 recorded a net loss of 34 million euros from participation in OJSC. A year earlier, participation in the capital of AVTOVAZ brought Renault a profit of 186 million euros.

The Renault-Nissan alliance is now called Renault-Nissan-Mitsubishi. Carlos Ghosn announced this today at a presentation new strategy, designed for six years - until 2022. Company name Mitsubishi Motors(MMC), of which the alliance has a 34% stake, is included in the official name, and the logo with two yellow-red lines is transformed into a certain geometric figure with three peaks.

Old alliance logo

However, this is more of an advance. The official organizational structure on the alliance website has not undergone any changes: Mitsubishi is subordinate to Nissan, which organizes the group on a parity basis with Renault (50/50%). Moreover, the company responsible for the work of the alliance, registered in Amsterdam, is still legally called Renault-Nissan B.V.

Structure of the Renault-Nissan-Mitsubishi alliance

As for the keynote speech itself, Carlos Ghosn first of all recalled that in the first half of 2017, the alliance took first place in the world in car sales: 5 million 270 thousand cars and light commercial vehicles. The plan is to increase annual sales to 14 million vehicles and revenue to $240 billion by 2022, compared to last year’s $180 billion.

Carlos Ghosn

To this end, the alliance companies will release 40 new models, of which 12 will be purely electric, and one will be completely autonomous. Thanks to the introduction of a common electric cart and platform for mid-size cars, the number of cars built on shared modular platforms will increase from two to nine million per year. By 2020, access to common modular platforms Mitsubishi will also receive: the total cost savings from the alliance should be $11.9 billion.

These are the goals as a first approximation. More detailed and specific plans will be announced at conferences of each of the alliance members. By right of seniority, Renault will be the first to hold such a meeting on October 6.