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Prime Minister Vladimir Putin fielded a wide range of questions from the Russian public during his live TV and radio phone-in on Thursday afternoon. During his time as president, Putin held six live phone-ins. Full Article at RIA Novosti
Renault may be playing Russian Roulette, but at least it seems the French automaker is finally playing nicely with Avtovaz and the Kremlin. Maybe the thought of ending up like Mikhail Khodorkovsky spurred Carlos Ghosn into action? Full Article at The Truth About Cars
FILE-- In this Saturday, May 16, 2009, file photo Russian Prime Minister Vladimir Putin demonstrates to the media his new Niva SUV, produced by Russia's biggest car maker Avtovaz, in his Black Sea residence in Sochi, southern Russia. View Photo »
Moreover, AvtoVAZ, with the help of Renault — in this case I am referring to its Japanese unit Nissan — will launch car production in the Russian Far East
MOSCOW, December 3 (RIA Novosti) - The Russian government is ready to provide extra support to the ailing car giant AvtoVAZ if its restructuring proves to be effective, Prime Minister Vladimir Putin said on Thursday. Full Article at RIA Novosti
Russia's largest carmaker AvtoVAZ has returned to a full work week for the first time in three months. Full Article at Just-Auto.com
Renault has found a way to appease Russian Prime Minister Vladimir Putin that didn't involve writing a check for $850 million. Full Article at Autoblog
FILE-- In this Saturday, May 16, 2009, file photo Russian Prime Minister Vladimir Putin demonstrates to the media his new Niva SUV, produced by Russia's biggest car maker Avtovaz, in his Black Sea residence in Sochi, southern Russia. View Photo »
It is unclear what we will receive. It has been announced that Renault will transfer some unspecified technology to AvtoVAZ
MOSCOW, November 30 (RIA Novosti) Russia proposes new Helsinki Act / Tehran talks big to scare the international community - expert / Russia, Belarus, Kazakhstan seal Customs Union / Still too soon to celebrate AvtoVAZ solution - analyst The Kremlin... Full Article at RIA Novosti
RAMBOUILLET, France -- Russian Prime Minister Vladimir Putin hailed a breakthrough in economic ties with France on Friday as he offered EDF a role in a major energy project and won help for indebted Soviet-era car giant AvtoVAZ. Full Article at China Post
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FILE-- In this Saturday, May 16, 2009, file photo Russian Prime Minister Vladimir Putin demonstrates to the media his new Niva SUV, produced by Russia's biggest car maker Avtovaz, in his Black Sea residence in Sochi, southern Russia.
View Photo »FILE-- In this Saturday, May 16, 2009, file photo Russian Prime Minister Vladimir Putin demonstrates to the media his new Niva SUV, produced by Russia's biggest car maker Avtovaz, in his Black Sea residence in Sochi, southern Russia.
View Photo »FILE-- In this Friday, May 18, 2007, file photo Prime Minister Vladimir Putin, then Russia's President , drives a "Kalina" car, produced by Avtovaz, at a test track during his visit to the Avtovaz plant in the southern city of Togliatti on the Volga River.
View Photo »Patrick Pelata, French automaker Renault's Chief Operating Officer, attends the Reuters Auto Summit in Paris November 2, 2009.
View Photo »Patrick Pelata, French automaker Renault's Chief Operating Officer, speaks during the Reuters Auto Summit in Paris November 2, 2009.
View Photo »Patrick Pelata, French automaker Renault's Chief Operating Officer, attends the Reuters Auto Summit in Paris November 2, 2009.
View Photo »Patrick Pelata, French automaker Renault's Chief Operating Officer, speaks during the Reuters Auto Summit in Paris November 2, 2009.
View Photo »Patrick Pelata, French automaker Renault's Chief Operating Officer, speaks during the Reuters Auto Summit in Paris November 2, 2009.
View Photo »In this Monday, Oct. 5, 2009 photo, Russian Prime Minister Vladimir Putin, left, meets with Renault Senior Vice President Christian Esteve, second right, in Moscow, Russia.
View Photo »An AvtoVAZ employee works at an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »AvtoVAZ employees stand at a bus stop as the main building is seen in the background, in Togliatti, September 25, 2009.
View Photo »AvtoVAZ employees work at an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »AvtoVAZ employees stand at the last stage of an assembly line at the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »AvtoVAZ employees work at an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »AvtoVAZ employees walk along an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »An AvtoVAZ employee works at an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »An AvtoVAZ employee works at an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »An AvtoVAZ employee works at an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »An AvtoVAZ employee works at an assembly line of the factory on the Volga River, in Togliatti, September 25, 2009.
View Photo »People sit waiting at a labour exchange in Russia's Togliatti city, September 25, 2009. Togaliatti city is home to AvtoVAZ, Russia's largest car maker.
View Photo »A visitor talks at a labour exchange in Russia's Togliatti city, September 25, 2009. Togaliatti city is home to AvtoVAZ, Russia's largest car maker.
View Photo »People sit waiting at a labour exchange in Russia's Togliatti city, September 25, 2009. Togaliatti city is home to AvtoVAZ, Russia's largest car maker.
View Photo »People sit waiting at a labour exchange in Russia's Togliatti city, September 25, 2009. Togaliatti city is home to AvtoVAZ, Russia's largest car maker.
View Photo »People sit waiting at a labour exchange in Russia's Togliatti city, September 25, 2009. Togaliatti city is home to AvtoVAZ, Russia's largest car maker.
View Photo »In this photo taken Saturday, Sept. 19, 2009, Russia's Prime Minister Vladimir Putin, right, drives his Lada Niva, an off-road vehicle built by Soviet-Russian automaker AvtoVAZ, while giving a ride to Jean-Claude Killy, the chairman of IOC coordination commission for the Sochi 2014 Olym...
View Photo »FILE-- In this Saturday, May 16, 2009, file photo Russian Prime Minister Vladimir Putin demonstrates to the media his new Niva SUV, produced by Russia's biggest car maker Avtovaz, in his Black Sea residence in Sochi, southern Russia.
View Photo »Moreover, AvtoVAZ, with the help of Renault — in this case I am referring to its Japanese unit Nissan — will launch car production in the Russian Far East
It is unclear what we will receive. It has been announced that Renault will transfer some unspecified technology to AvtoVAZ
We are preparing an agreement on Renault's participation in the modernization of the Avtovaz plant, which could be signed on Nov. 27
Renault-Nissan will take part in the stabilisation of the (Avtovaz) factory
An agreement on restructuring conditions will be signed between Russian Technologies, AvtoVAZ, Troika, Renault. This document is a result of several months work
Active work to clear AvtoVAZ debt and maintain AvtoVAZ (as a going concern) -- including social concerns -- should be linked to a consideration of Renault's potential as an investor
We assume that our active work to clear AvtoVAZ's debt and support its personnel, including by social support measures, should be reviewed together with the potential opportunities of Renault-Nissan as investor
However, emerging pressures from Russia (AvtoVAZ), downside to Volvo and our expectation of no renewed dividend from Nissan before 2011 put a lid on our conviction.
AvtoVAZ will have to rebound, as in August it produced zero. It won't go back to where it was, but it will always have a niche if it can fix weak parts of the car or find better suppliers
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.
We are ready to support AvtoVAZ. We are supporting them with management and with technology
appear to be extremely ambitious, especially taking into account the company's current financial situation ... We hope that as a result of our efforts, AvtoVAZ can start a new life.
The volume of the investment will be specified following discussion of the plans for AvtoVAZ's development and corresponding valuation
The main thing is that Renault has confirmed its strategic interest in the development of AvtoVAZ and believes that the acquisition of 25 percent plus one share was a strategically correct and justified decision
Renault confirmed yesterday it was prepared to invest in the development of AvtoVAZ, including the provision of the most advanced technologies
I don't think AvtoVAZ will die
We have already allocated the first tranche of 25 billion rubles [$831.6 million] to AvtoVAZ and did it so as not to dilute their holdings
A very substantial amount of money is going to have to be invested to get AvtoVAZ up to the level even of the Eastern European car makers such as Skoda
Cooperation is possible ... We are very interested to stabilise the situation on AvtoVAZ because it is our big client
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