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EMERGING MARKETS ANALYSIS: Fixing AvtoVAZ starts with new product

Renault's man in Togliatti is Yann Vincent - and he's already working on a range of new Ladas to turn round AvtoVAZ's fortunes. Mark Bursa reports.

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AvtoVAZ to launch new engine plant

... from Renault, which owns a 25% stake in the Russian carmaker, AvtoVAZ chief operating officer Yann Vincent said during the Paris auto show.AvtoVAZ will pay Renault EUR 120m for the two engines. Both are already used on Logan cars that are built by Renault's Russian subsidiary Avtoframos in Moscow.Automotive News Europe (Lawrence J. Speer)Links