
Renault-Nissan has completed a deal to take control of Russia’s largest automaker AvtoVAZ, Renault said today.

Renault-Nissan has completed a deal to take control of Russia’s largest automaker AvtoVAZ, Renault said today.

Renault is looking closely at Western sanctions on Russia even though its carmaking alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine.

After getting a new mandate as Renault CEO through to 2018, Carlos Ghosn has high ambitions for the automaker and its partner Nissan. He wants to catch industry leaders Toyota, General Motors and Volkswagen.
Renault and alliance partner Nissan detailed plans to combine key operations under a new team of managers to pursue greater economies of scale.
Japanese executives from Nissan will take core new engineering and manufacturing leadership roles under the plans while Renault executives will head purchasing and human resources for the alliance.

The Renault-Nissan Alliance has sold its 100,000th zero-emission car, outselling all other automakers combined.