Industry Headlines

Vladimir Putin Inaugurates Assembly Line in Renault-Nissan and AvtoVAZ Partnership

April 5, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

TOGLIATTI, RUSSIA-Russian Prime Minister Vladimir Putin inaugurated a new car manufacturing facility, marking the latest milestone in the expanding partnership between Renault-Nissan Alliance and AvtoVAZ, the Russian automobile manufacturer formerly known as VAZ, but better known to the world under the trade name Lada.

Four hundred million euros were invested into this 250,000-square-meter industrial complex. The complex hosts the new production line inaugurated in early April. The line has a maximum capacity of 350,000 cars per year and will produce vehicles for the three brands: Renault, Nissan and AvtoVAZ.

This new production line contributes to the goal of achieving capacity of at least 1.6 million vehicles per year in Russia by 2016.

"Our collaboration is deepening every day and increasing economies of scale across the Alliance," says Renault-Nissan Alliance CEO and Chairman Carlos Ghosn. "It's a win-win for all parties-and the benefits keep accelerating as Russia becomes Europe's economic engine of growth."

The partnership started in 2008, when Renault bought a 25% stake in AvtoVAZ and began the transfer of technology and know-how to AVTOVAZ manufacturing facilities.

Executives including AvtoVAZ President Igor Komarov, Renault COO Carlos Tavares and Nissan COO Toshiyuki Shiga hosted Putin at the "Job One" ceremony at the AvtoVAZ plant in Togliatti, the largest assembly plant in the world. The first car off the new line was the Lada Largus multi-purpose van.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

THE MAGAZINE

Quality Magazine

cover_image

2014 April

Check out the April 2014 edition of Quality Magazine for features!
Table Of Contents Subscribe

Manufacturing Process

Has/does news about a manufacturers’ recall (like the GM recall in the news now) cause you or your company to reexamine its manufacturing process?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

eNewsletters

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png