Renault wants to become a co-owner of "AVTOVAZ"

Renault wants to become a co-owner of Renault is interested not only in providing the Volga automobile plant platform to release new cars, but wants to become one of the owners of AVTOVAZ, bought a 20 percent stake in the company. This is with reference to sources close to the Board of AVTOVAZ, according to the newspaper "Vedomosti".Commenting on this information, the representatives of the French company claim that the delegation of Renault now is really in Togliatti at the invitation of the Volga automobile plant, but only to study the possibilities of technical cooperation between the two brands. The press-Secretary of the Board of Directors of AVTOVAZ Ivan Skrynnik, adds that the Russian company is interesting, first of all, the Renault experience in production management and the use of new technologies.Recall that earlier, the management of the Volga automobile plant announced its intention to 2020 to put on the conveyor 12 new models, some of which are scheduled to be released on the basis of a foreign platform. Then the management company as a potential partner AVTOVAZ called Renault, Fiat and DaimlerChrysler.In addition, some analysts remind that the negotiations about a possible sale of a stake in AVTOVAZ Renault was conducted during the time when the company was headed by Vladimir Kadannikov. The new leadership, in their opinion, first of all, there is no clear strategy for the development of production, and secondly, there is no desire to work closely with Western brands.auto.lenta.ru01.06.2006.



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