Russia: Renault-Nissan’s “March AvtoVAZ takeover”

After lengthy discussions between Renault-Nissan, AvtoVAZ and Russian Technologies, it appears possible to the French Journal de l’Automobile that the Renault-Nissan Alliance could increase its stake in the Russian OEM in March 2012. The Alliance would take a 51% stake, compared to its present 25% equity share. Automotive World reported on Subscribe to Automotive World … Continued

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• December 21, 2011