AvtoVAZ will deal with GM and to a minimum will reduce their costs

Director-General Igor Esiposky AvtoVAZ in an interview in the "Profile" explained that he had in mind, expressing dissatisfaction with the cooperation of AvtoVAZ with General Motors in his speech at a press conference after a meeting of shareholders of OJSC "AvtoVAZ". In particular, he said, "I want you to understand me correctly. It is with great respect to our joint venture partner. But you must all deeply analyzed. To understand the reason for the fact that the joint venture« GM-AvtoVAZ "has been working with 42% of the cost-effectiveness, and Volga car, which supplies about 80% of units for the Chevy-Niva, to do with it any profit. This situation should not be. " Commenting on the situation in cooperation with the Group "CSR", and in particular in this group LLC "Solo", which is the exclusive distributor of spare parts for cars LADA, the new general director of AvtoVAZ said, "We respect the Group" CSR ", as well as our other partners. It is not going to stop with her cooperation. But all previous agreements with the partners of the plant before the new year under scrutiny for their economic feasibility of the extension. AvtoVAZ intends to make more use of tender-based procurement to minimize their costs lower. "