Wednesday, November 16, 2011

AvtoVAZ veterans believe that the company may redeem JV "GM - AvtoVAZ"

Chairman of the Board of Veterans AvtoVAZ Alexander Jasinski said that the new leadership automobile must decide on repurchase of shares Volga car from GM and the EBRD in the joint venture "GM - AvtoVAZ". In his view, the joint venture was the task of political rather than technical and economic. In an interview with Togliatti newspaper "Free City" in particular, he said, "AvtoVAZ may redeem shares of GM and the EBRD to continue making joint venture to its structural division, to produce cars and open the way for even the best-selling" Niva ". For what is JV" GM - AvtoVAZ "? This vazovskie & D, fixed assets, production capacity, labor force. And sitting on the sale of the Americans." According LADAONLINE, appropriate treatment for the new leadership of the AvtoVAZ board of veterans have been trained. What will the reaction is not clear. However, the earlier and Igor Yesipovsky and Vladimir Artyakov already admitted that despite the high profitability of the venture, for the Volga Automobile Plant is an enterprise does not bring profit. Moreover, according to some AvtoVAZ "lost" to 500-1000 dollars on the delivery of each set of "Chevy Niva".

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