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30 Mar
14:27

AVTOVAZ eyes second-quarter production at former Nissan plant

Russian carmaker AVTOVAZ is preparing to start car production at the former Nissan plant in St. Petersburg in the second quarter, Kallanish notes. This will comprise new models under the LADA brand in segments C and D, including crossovers and sedans, the enterprise claims. In February, AVTOVAZ acquired a 99% stake in the authorised capital of Nissan Manufacturing RUS at a price of €1. The completed deal maintains a call option for Nissan to buy back former…
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