Tag Archives: task for Russia’s No. 1 automaker

AvtoVAZ’s 2013 loss shows scale of turnaround task for Russia’s No. 1 automaker

March 29, 2014   Sean

AvtoVAZ's 2013 loss shows scale of turnaround task for Russia's No. 1 automaker

Russia’s No.1 carmaker AvtoVAZ slumped to a loss last year, hit by falling sales of its Lada cars, underlining the task facing its new CEO Bo Andersson as he battles to revive the business amid economic uncertainty caused by the Crimea crisis.

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