AvtoVAZ is currently not in negotiations with the French company Renault. This was reported by the press service of the Togliatti company in response to a question about whether negotiations are currently underway with the former partner about its return to Russia.
There are currently no contacts with the former partner.
Earlier, Renault CEO Luca de Meo stated that the company does not rule out returning to Russia. He noted that buying back a controlling stake in AvtoVAZ is not a priority, but the brand's management is open to discussing business opportunities.
Renault sold its Russian business and a 68% stake in AvtoVAZ in 2022, retaining an option to buy back its stake within six years.
Read also:
Lada Vesta may get a 145 hp engine
Former head of AvtoVAZ: Lada Iskra is a modern car to replace Lada Granta
Now on home
Foreign delegation visited the "Parus electro" electrical equipment manufacturing plant
"The new system is more powerful than the existing version"
Sergey Marzhetsky stated that placing orders in the DPRK could become a realistic solution under sanctions
NDTV: India Aims to Acquire 40 Combat Aircraft
The autonomous platform can travel up to 60 km
Casting technology allows creating elements with geometry that cannot be obtained by other methods
The manufacturer promises compliance with global safety and quality standards
Remterminal to establish rolling stock production by 2032
Inside - Sleeping Places for Four, Shower, Toilet, and Hot Water
The device is equipped with BAM-OS 18×55 gas cylinders with red hot pepper
Almost 70% of cars in the country have exceeded the 10-year mark
The complex will start operating as early as 2026