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GM-AvtoVAZ was a Russian joint venture between General Motors and AvtoVAZ set up in 2001. In 2002, it started producing the Chevrolet Niva, based on the Lada Niva, at its Tolyatti plant. Though both companies had an equal share of ownership, the venture was managed exclusively by General Motors. [2] The venture ended in December 2019, after it ...
Dec 9, 2019 · Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors <GM.N> from their joint venture producing vehicles in Russia under the Chevrolet brand, effectively ending GM's ...
Dec 9, 2019 · General Motors has been slowly, but steadily reducing its global operations, with the latest move coming after the American company agreed to sell its 50-percent stake in the GM-AvtoVAZ Russian ...
Jun 13, 2013 · VIENNA – GM-AvtoVAZ, a joint venture between General Motors and Russian Lada-maker AvtoVAZ, today officially breaks ground for an expansion of its car plant in Togliatti, Russia. The new ...
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From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding. AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government.
Dec 29, 2023 · MOSCOW, Dec 28 (Reuters) - Russia's state-run carmaker Avtovaz (AVAZI_p.MM) said on Thursday it plans to increase production of its Lada-brand cars to 500,000 next year after targets for 2023 were ...
Dec 9, 2019 · AvtoVAZ said it signed an agreement to buy GM's 50 percent stake in their joint venture, which sees the two companies produce the Chevrolet Niva from a factory in Togliatti, Russia.
