AvtoVaz Company Description
AvtoVAZ is a Russian maker of passenger cars. The company features models such as the LADA-ELFI (a miniature city car), the VAZ-1111E (a four-seat electric car), the VAZ-2115 (sedan), and the Niva 2131 (an all-wheel drive SUV). As the largest passenger car maker in Russia and Eastern Europe, AvtoVAZ controls around 70% of domestic car production. The company has a $330 million joint venture with General Motors -- GM-AvtoVAZ -- to manufacture the Chevy-Niva SUV and Chevy Viva cars. AvtoVAZ and GM each hold a 41.5% share in the venture, while the European Bank for Reconstruction and Development owns the remaining 17%.
View the Comprehensive Company Description for AvtoVaz
The Company Description provides a historical perspective of AvtoVaz's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of AvtoVaz's evolution in the marketplace.
