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Reuters
Nov 22
Comment
The head of state-owned conglomerate Russian Technologies said on Saturday French car maker Renault might raise its 25 pct stake in troubled Russian partner Avtovaz in future, but won't do so for now.
Sydney Morning Herald
Nov 15
Comment
Russia's deputy PM said his government could support Renault taking control of troubled carmaker Avtovaz, but will have to find other investors if it declines.
Wall Street Journal
Nov 3
Comment
Renault is prepared to provide Russian partner Avtovaz with technology and know-how but it isn't willing to inject cash into the country's leading car maker.
Financial Times
Nov 2
Comment
The Lada maker is looking to cut 25,000 staff from its workforce as sales have plummeted and debts are mounting
Wall Street Journal
Nov 2
Comment
Avtovaz is reducing its payroll by cutting pay and pushing staff to retire, restricted by the Kremlin from making the deep layoffs the struggling auto maker says are necessary.
Financial Times
Oct 27
Comment
Moscow has launched a review of up to 400 single-industry towns, pondering how to restructure local enterprises, bring in new employers or, as a last resort, shut them down
Wall Street Journal
Oct 19
Comment
Russian car maker AvtoVAZ said it plans to issue convertible bonds worth $1.7 billion to repay debt and cautioned it won't rule out filing for bankruptcy if its refinancing efforts don't pan out.
Bloomberg
Oct 19
Comment
(Update3) OAO AvtoVAZ, Russia’s largest
carmaker, said seeking protection from creditors is an option it
may consider as the Russian government asks for help from
partner Renault SA amid plunging auto sales.
Sydney Morning Herald
Oct 17
Comment
Renault will invest $A3.47 billion in its struggling Russian partner Avtovaz, Russia's biggest auto manufacturer, an Avtovaz executive said on Friday.
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- Avtovaz
- BMW (FRA:BMW)
- Daimler AG (DAI)
- Faw Car (SHE:000800)
- FIAT S.p.A. (BIT:F)
- Ford Motor Company (F)
- General Motors (GMGMQ)
- Honda Motor Company (HMC)
- Hyundai Motor Company (005380-SE)
- KIA Motors
- Mazda Motor (TYO:7261)
- Nissan Motor (NSANY)
- PSA Peugeot Citroen (UG-FR)
- Suzuki Motor (SZKMF)
- Tata Motors (TTM)
TOP CONTRIBUTORS
Market Share
| Manufacturer | May-06[1] | May-07[2] | May-08[2] |
| GM | 25% | 24% | 19% |
| Toyota | 15% | 17% | 18% |
| Ford | 17% | 17% | 15% |
| Chrysler | 13% | 13% | 11% |
| Honda | 9% | 9% | 12% |
| Nissan | 6% | 6% | 7% |
| Hyundai | - | 5% | 6% |
| BMW | - | 2% | 2% |
| Volkswagen | - | 2% | 2% |
| Daimler | - | 1% | 2% |
| Manufacturer | Rank | 2007 | 2008 | Change in Production | Manufacturer | Rank | 2007 | 2008 | Change in Production |
| GM | 1 | 13.0% | 11.9% | -11% | Suzuki | 11 | 3.6% | 3.8% | 1% |
| Toyota | 2 | 11.8% | 13.3% | 8% | Chrysler | 12 | 3.5% | 2.7% | -25% |
| Volkswagen | 3 | 8.7% | 9.3% | 3% | Daimler | 13 | 2.9% | 3.1% | 4% |
| Ford | 4 | 8.7% | 7.8% | -13% | BMW | 14 | 2.1% | 2.1% | -7% |
| Honda | 5 | 5.4% | 5.6% | 0% | Mitsubishi | 15 | 2.0% | 1.9% | -7% |
| PSA | 6 | 4.8% | 4.8% | -4% | Kia | 16 | 1.9% | 2.0% | 2% |
| Nissan | 7 | 4.8% | 4.9% | -1% | Mazda | 17 | 1.8% | 1.9% | 5% |
| Fiat | 8 | 3.7% | 3.6% | -6% | Avtovaz | 18 | 1.0% | 1.2% | 9% |
| Renault | 9 | 3.7% | 3.5% | -9% | Faw | 19 | 1.0% | 0.9% | -6% |
| Hyundai | 10 | 3.6% | 4.0% | 6% | Tata | 20 | 0.8% | 1.1% | 36% |
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