Company Name | Avtovaz |
---|---|
Website | info.avtovaz.ru |
Snippet | AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftoˈvas]) is a Russian automobile manufacturer. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód).[10] AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. Starting in December 2019, AvtoVAZ sold Niva cars with Chevrolet branding. That ended in August 2020. |
Type | Subsidiary (joint-stock company) |
Owner | Alliance Rostec Auto B.V. (100%)[5] |
Brands | Lada |
Parent | Groupe Renault[7][8][9] |
Founded | 1966 |
Revenue | $3.87 billion[4] (2017) |
Website | info.avtovaz.ru |
Formerly | Volga Automotive Plant (VAZ), Volga group for the production of passenger cars, AvtoVAZ, PJSC AvtoVAZ |
Industry | Automotive |
Products | Automobiles |
Key people | Yves Caracatzanis (Chief executive officer)[1], Nicolas Maure (Chairman)[2] |
Net income | -$165 million[4] (2017) |
Area served | Worldwide |
Native name | АО АвтоВАЗ |
Headquarters | Tolyatti, Samara Oblast, Russia |
Total assets | $1.96 billion[4] (2017) |
Total equity | -$1.15 billion[4] (2017) |
Operating income | -$11 million[4] (2017) |
Production output | 618,795 vehicles (2018)[3][note 1] |
Number of employees | 36,413[6] (2018) |
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