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Auto / Автопресса

Contract AVTOVAZ will help the localization of machines, partners

DRIVE.RU 21.01.2019 at 14:56

The Company AVTOVAZ announced the signing of a special investment contract (SPIK) with the Ministry of industry and trade of Russia. In the contract we are talking about the development of not only a line of Lada, but also Renault, Nissan, Datsun and Mitsubishi. Here, AVTOVAZ emerges as the main investor and the involved parties are CJSC "Renault Russia", OOO "Nissan manufacturing Rus", LTD. "Mitsubishi motors Rus" and LLC "LADA Izhevsk". Simply put, car companies are required to invest in the modernization and expansion of production in Russia in exchange for benefits from the state. The President of AVTOVAZ Eve Karakatsanis said that in the coming years, the model range of Lada will be updated. Earlier it was up a little more concrete: can we expect a new eight and nine of the restyled models of Lada until 2026.