TOLYATTI, July 6. /TASS/. The cost of components supplied by the Autocomponent for Avtovaz has not changed, Chief Executive Office of Russia’s top car producer Yves Karakatzanis told reporters on Saturday.
“No,” he said when asked a respective question.
CEO added that the company is ready to discuss new cooperation terms with the supplier if required.
Avtovaz resumed car production in Izhevsk and Tolyatti starting July 5, 2019 as deliveries of components were resumed by the Nizhny Novgorod-based Autocomponent, the company’s press service reported earlier. Avtovaz noted that “supplies were resumed without additional conditions.”
Earlier reports said that the car producer halted production at all assembling lines in Tolyatti and Izhevsk starting July 3 due to breach of contractual obligations to supply components by Autocomponent Group. Representatives of the group linked the suspension of supplies with the lack of agreement on components’ prices.
Avtovaz is the largest auto manufacturer..
Tag: Renault
Renault-Nissan unsure whether will publish cost-saving figures: sources
PARIS (Reuters) – Renault-Nissan has not decided whether to publish figures on cost savings and other synergies achieved by the alliance over the last year, as has been its custom, two sources close to Renault said, amid growing tension in the partnership. The logo of French car manufacturer Renault is seen at a dealership of… Continue reading Renault-Nissan unsure whether will publish cost-saving figures: sources
LADA XRAY Cross with new automatic transmission
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19.06.19
LADA XRAY Cross with new automatic transmission
LADA, demonstrating attention to the needs of potential customers and striving to provide maximum pleasure from driving, started producing LADA XRAY Cross with a new continuously variable type of automatic transmission.
Continuously variable transmission is specially designed for cars and crossovers of small class, and its settings were fine-tuned given operation features in Russia. Similar transmissions of the Jatco company have already proved the reliability and have been applied in a number of models of the Renault-Nissan-Mitsubishi Alliance already for some years.
The main feature of the unit is the additional use of two-step geared sector in the design. This solution allowed to make the transmission more compact and by 13% lighter. This solution increases traction performance, and moreover the transmission does not afraid of low temperatures, slipping and heavy loads, and, in addition, provides high fuel efficiency. If necessary, this type of transmission makes it possible to imitate manual gearshift mode, which facilitates overtaking, uphill movement, towing the trailer, engine braking, and also increases the acoustic comfort in the car.
The new transmission on the LADA XRAY Cross is installed with the Alliance HR-16 1.6 l engine, which is produced in Togliatti. It should be noted that the curb weight of the car and the record ground clearance (215 mm) have not changed. LADA XRAY Cross with continuously variable transmission passed a full cycle of tests, the total mileage of which was about a million kilometers.
All the details about the sales date, prices and trim levels of LADA XRAY Cross with automatic transmission will be announced later.
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Renault and Valeo join French industry alliance for AI
Renault and Valeo join French industry alliance for AI
INDUSTRY 4.0: THE RENAULT GROUP AWARDED BY THE WORLD ECONOMIC FORUM
The World Economic Forum reward the Renault plant in Cléon (Seine-Maritime, France) as an “advanced lighthouse” for Industry 4.0, gratifying the Groupe Renault’s commitment to a human, digital and connected industry of the future. On July 3, at the summit held in Dalian, China, the World Economic Forum recognized the Renault Cléon plant (Seine-Maritime,… Continue reading INDUSTRY 4.0: THE RENAULT GROUP AWARDED BY THE WORLD ECONOMIC FORUM
Doubts mount on European appetite for electric car
A real pavement in the pond. At a round table held last week in Munich BMW’s director of development, Klaus Fröhlich, said European drivers do not want battery cars. “There is no demand for electric vehicles from customers. None, “he said. “There are requests from regulators, but none from customers. From what we see, electric… Continue reading Doubts mount on European appetite for electric car
Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate
Indonesian trucking services platform Ritase has closed a Series A funding round of $8.5 million led by Golden Gate Ventures to propel its growth and expand into new markets. Other investors that participated in the round are Jafco Asia and ZWC Ventures, as well as existing backers including Insignia Ventures, Beenext and Skystar Capital, Ritase… Continue reading Indonesian trucking startup Ritase raises $8.5m Series A led by Golden Gate
Production of Renault Clio V launched at Revoz
The production of the fifth generation Renault Clio was officially launched at Revoz, the Novo Mesto-based assembly plant of the French car maker on Wednesday. The project to establish the assembly line for the latest Clio is worth EUR 90 million, with the Slovenian government chipping in a EUR 6 million incentive.
Police search Renault’s headquarters near Paris
FILE PHOTO: General view of the Renault automaker company headquarters is seen in Boulogne-Billancourt, near Paris, France November 21, 2018. REUTERS/Gonzalo Fuentes/File Photo PARIS (Reuters) – Police are carrying out a search at Renault’s (RENA.PA) corporate headquarters in Boulogne-Billancourt, said Renault on Wednesday, adding it would not comment further on the nature of the search.… Continue reading Police search Renault’s headquarters near Paris
AVTOVAZ and the Skolkovo Foundation are developing partnership
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21.06.19
AVTOVAZ and the Skolkovo Foundation are developing partnership
21st of June 2019, JSC ''AVTOVAZ'' and the ''Skolkovo'' Foundation have signed a Memorandum of Understanding, aimed at the future cooperation and exchange of the experience in the field of innovative startups, relevant competencies and resources to promote the development of innovative solutions. The document provides for researching of the opportunity to open a Partner center of AVTOVAZ in the ''Skolkovo''.
The MoU was signed by Selcuk Cura, AVTOVAZ Executive Vice President for Engineering, and Mikhail Tykuchinsky, the Director for Development of the Energy Efficiency Cluster of the Skolkovo Foundation. The event was attended by Nicolas Maure, Senior Vice President, Chairman of the Eurasia region of Groupe Renault and AVTOVAZ BoD Chairman, and Yves Caracatzanis, AVTOVAZ President and CEO.
Nicolas Maure: ''Our cooperation is aimed at mutually beneficial effect between initiatives and innovations of the Skolkovo Foundation and the experience and competences of AVTOVAZ and Renault Engineering teams. I am sure that the results of this synergy will be effective and will have a positive impact on our customers, the technology of the LADA and the Renault cars, and develop our engineering teams in Russia.''
Mikhail Tykuchinsky: ''We have more than 400 technologies which can be used by AVTOVAZ in its both product and manufacturing scopes. We hope that the cooperation with Russian small innovative businesses and conclusion of partnerships with them will allow AVTOVAZ to make a qualitative leap in the production localization''.
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21.06.19
AVTOVAZ and the Skolkovo Foundation are developing partnership
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