Russian vehicle manufacturer AvtoVAZ will seek to borrow up to Rubles 60bn (US$2.01bn) by 2015, towards its overhaul with help from the Renault-Nissan Alliance. The overhaul is aimed at helping the Russian OEM compete with international brands. "This is the first time in many years, if not in decades, that AvtoVAZ Subscribe to Automotive World … Continued
Russian vehicle manufacturer AvtoVAZ will seek to borrow up to Rubles 60bn (US$2.01bn) by 2015, towards its overhaul with help from the Renault-Nissan Alliance. The overhaul is aimed at helping the Russian OEM compete with international brands.
"This is the first time in many years, if not in decades, that AvtoVAZ
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https://www.automotiveworld.com/articles/93112-russia-avtovaz-to-borrow-up-to-us-2bn-for-overhaul/
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