// IP Marketing video - START// IP Marketing video - END

Russia’s AvtoVAZ gets Renault-Nissan license

Russia’s AvtoVAZ gets Renault-Nissan license

PanARMENIAN.Net - The Renault-Nissan alliance has granted a license to Russia's largest car maker AvtoVAZ to produce new types of engines from 2014, Vedomosti daily said on Wednesday, March 21, quoting AvtoVAZ head Igor Komarov.

AvtoVAZ expects engine production will reach 450,000 engines per year by 2017. The Russian company plans to supply other plants of the alliance with engines and sell them to other customers.

The deal is the first large project for the alliance to produce engines abroad, Komarov added.

Renault official told the paper that the new engine was for car production on the B0 platform. AvtoVAZ plans to start production of the Lada Largus on the platform this spring, while Nissan will start making its new Almera model in Tolyatti, AvtoVAZ's main production site, at the end of 2012, RIA Novosti reported.

 Top stories
Yandex and Uber said they will join forces in the six countries to create a new company operating in some 127 cities.
“A more efficient and reliable energy distribution network is important for economic growth in Armenia”, - said Sonali Tang.
As the National Statistical Service reports, imports to Armenia totaled $803.7 million, registering a 17.9% increase year-on-yea
75.8 million kWh of Armenian electricity have been shipped to the Georgian market in the first quarter of 2017.
Partner news