1. QUOTE from:
    Russia's AvtoVAZ says it can't rule out bankruptcy
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    "I am confident that AvtoVAZ will be able to overcome its troubles in the short term and the medium term." Ghosn added: "We know that in Russia you cannot compete if you don't have a very competitive entry-level car. The only way you can do this is to have a common platform with AvtoVAZ, Renault and Nissan. This is something we are working on and this is part of the alliance work." AvtoVAZ said last week it was prepared to invest 240 million euros ($358.5 million) alongside Renault and Nissan Motor Co. to build new models and break even in 2010. Full Article at Automotive News
    We know that in Russia you cannot compete if you don't have a very competitive entry-level car. The only way you can do this is to have a common platform with AvtoVAZ, Renault and Nissan. This is something we are working on and this is part of the alliance work.
    Carlos Ghosn – Carlos Ghosn SOURCE: Automotive News 1 month ago
All quotes from:
Russia's AvtoVAZ says it can't rule out bankruptcy
  1. I am confident that AvtoVAZ will be able to overcome its troubles in the short term and the medium term.
    SOURCE: Automotive News 1 month ago
  2. We are ready to support AvtoVAZ. We are supporting them with management and with technology
    Carlos Ghosn – Carlos Ghosn SOURCE: Automotive News 1 month ago
  3. If the other options don't succeed, then we have no other choice
    SOURCE: Automotive News 1 month ago
  4. Our production plan does not allow us to generate sufficient funds to service our existing debt and pay interest
    SOURCE: Automotive News 1 month ago

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