@Renault: FIRST HALF 2020 RESULTS: RCI BANK AND SERVICES MAINTAINS…000002

In a particularly difficult automotive environment, RCI Bank and Services has shown its resilience and kept its commercial and financial performance at robust levels. With pre-tax income of €473 million, RCI Bank and Services continues to represent a strong contribution to Groupe Renault’s results. These sound bases and the commitment of RCI Bank and Services’… Continue reading @Renault: FIRST HALF 2020 RESULTS: RCI BANK AND SERVICES MAINTAINS…000002

@Renault: FINANCIAL RESULTS FOR THE 1st HALF OF 2020000001

  Luca de Meo, CEO of Renault, declared: Although the situation is unprecedented, it is not final. Together with all of the Group’s management teams and employees, we are fully dedicated to correcting the situation through a strict discipline that will go beyond reducing our fixed costs. Preparing for the future also means building our… Continue reading @Renault: FINANCIAL RESULTS FOR THE 1st HALF OF 2020000001

@Renault: AVTOVAZ and СDEK announce the conclusion of partnership agreement

AVTOVAZ and CDEK courier company have developed a joint corporate program ‘LADA for CDEK’. Special conditions for the purchase of new LADA cars were agreed for CDEK and its franchisees, as well as special programs for financial and operational leasing. Any CDEK partner company can contact official LADA dealer and purchase a car with a… Continue reading @Renault: AVTOVAZ and СDEK announce the conclusion of partnership agreement

@Renault: AVTOVAZ goes on scheduled corporate shutdown

AVTOVAZ Company goes on scheduled corporate shutdown, which is going to last from 27th of July till 16th of August of 2020. LADA Izhevsk and LADA WEST TOGLIATTY also go on corporate shutdown. During shutdown at enterprises of AVTOVAZ Group will be continued scheduled equipment modernization and required repair works, including as part of the… Continue reading @Renault: AVTOVAZ goes on scheduled corporate shutdown

@Renault: LADA: results of the first half of the year

LADA sums up sales results over the first half of 2020. Despite the very negative trend due to the global pandemic and exchange rate fluctuations in April and May, LADA records start of gradually demand recovery on the market. From January to June, 140 623 passenger and light commercial LADA vehicles (8 027 of them… Continue reading @Renault: LADA: results of the first half of the year

@Renault: AVTOVAZ continues the cooperation with Rostelecom

AVTOVAZ announces delivery of one hundred LADA Largus white cars in the wagon body, in the Classic configuration to Rostelecom of in June 2020. This is the second batch of cars for the market leader in digital solutions, and a similar deal was made last year. ”Our diverse model range, wide dealer network and low… Continue reading @Renault: AVTOVAZ continues the cooperation with Rostelecom

@Renault: LADA sales results in May 2020

LADA summed up its sales results in May 2020, which was the second month of operation under the imposed epidemiological restrictions. In May, 16,663 passenger and light commercial vehicles were sold (including the Niva model – 1,083 units), which is 65.7% more than in April 2020. In the first place – LADA Granta (5,726 cars… Continue reading @Renault: LADA sales results in May 2020

@Renault: AVTOVAZ announces a new appointment 2020 March

Effective beginning of March, 2020, Natalya Vasilyeva-Bernard, Director for Accounting and Reporting – General Accountant of JSC “AVTOVAZ”, was appointed Executive Vice President for Finance of JSC “AVTOVAZ”. Ms. Vasilieva-Bernard finished Moscow State University with accounting degree in transport, and has 25 years of experience in accounting and finance in Russian and French companies. Before… Continue reading @Renault: AVTOVAZ announces a new appointment 2020 March

@Renault: AVTOVAZ’s affiliate changed its name

On April 15, former CJSC “GM-AVTOVAZ” was re-registered in the state register of legal entities of Russia as JSC “LADA West Togliatti”. The new name reflects affiliation with AVTOVAZ and follows the logic for naming of 100%-affiliate companies of the Group. The production at CJSC “GM-AVTOVAZ” started in 2002. The main product is the Niva… Continue reading @Renault: AVTOVAZ’s affiliate changed its name

@Renault: AVTOVAZ Group resumes production

April 13, 2020, in accordance with the decree of the government of the Samara region, AVTOVAZ JSC, as a system-forming enterprise, resumed the operation of assembly lines in Togliatti. The LADA Izhevsk plant in Udmurtia also resumed its work. AVTOVAZ`s top priority is the health and safety of every employee. The company is fully ready… Continue reading @Renault: AVTOVAZ Group resumes production