Categories: Auto News

Rostec called the Renault return to the capital of AvtoVAZ

The head of the state corporation, Sergei Chemezov, did not rule out such an opportunity, writes Interfax. He noted that negotiations on this subject are not underway, but the issue of returning the French auto giant to Russia is still relevant. First Deputy Prime Minister Denis Manturov added that before that Renault will have to discuss the conditions to which the option was attached to the return ransom.

Chemezov noted that the theme of the return of Renault is not yet completed the stage. “It is necessary to return. If they agree to this, ”added the head of Rostec.

Manturov later specified that he did not know about Renault plans regarding the Russian market. He recalled that the option concluded in 2022 is valid until 2028, and a number of conditions are prescribed in it. So, Renault was supposed to maintain the supply of components and the digital control system. “Here AvtoVAZ will need to ask a question whether Renault has fulfilled its obligations,” said Deputy Prime Minister.

In addition, Renault will have to resolve the issue with the means that the state invested during its absence. According to AvtoVAZ, this is about 110 billion rubles.

AvtoVAZ is not waiting for the Renault Return Russian office Kia again looking for employees in Russia, the latest Renault Logan assembling AvtoVAZ is completely declassified

The head of the French brand Luke de Meo does not exclude return to Russia. In February, he stated that he had not yet thought about such a scenario, “but everything is changing.” If it is possible to resume the business, Renault will go to this.

In the spring of 2022, all Russian assets of Renault crossed the state. The share in AvtoVAZ went to FSUE NAME, the Renault Russia plant was taken to the balance of the city of Moscow – now the Muscovites are being produced there. AvtoVAZ is fully owed by Lada Auto Holding LLC, 67.7 percent of which belong to the FSUE NAME, and 32.3 percent – Rostoch.

Almost like Lada aura: stretched models for China

Recent Posts

The returning Geely Coolray is more expensive than the larger Cityray

Sales of the updated Geely Coolray crossover have begun in Russia. In the only maximum…

BMW CEO Oliver Zipse resigned

The German concern has undergone serious personnel changes. Chairman of the board, 62-year-old Oliver Zipse,…

BYD showed the new Atto 3 with fast charging function and hidden door handles

Ahead of the official launch on May 21, dealerships in China have started receiving the…

Auto expert Rogov named three models for import from China with a budget of up to 2 million rubles

With a budget of up to 2 million rubles, it is profitable to import used…

Honda ends its fiscal year with a loss for the first time in 70 years

The company's report for the 2026 financial year (ended March 31, 2026) was published on…

Russians will be offered Dongfeng Aeolus L7 under the name Evolute i-Sky

For a long time, Evolute sold under the name i-Sky a renamed model from the…