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Old 08-26-2003, 04:44   #1 (permalink)
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Tongue GM buys AVTO-VAZ

GM has done it again, not satisfied with buying Daewoo and FIAT, they have now bought into AVTO-GAZ,. This is the Russian car company that brought us the Lada Niva and the Lada Samara, best of all THE BROCK LADA SAMARA !!!
The new Lada Niva could come here badged as a Chevrolet. !!!!
From : Overlander magazine August 2003.
At least, Ford bought Aston Martin, Jaguar, Land Rover/Range Rover and Volvo.
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Old 08-26-2003, 04:48   #2 (permalink)
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Re: GM buys AVTO-VAZ

never heard of AVTO-VAZ.
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Old 08-26-2003, 05:05   #3 (permalink)
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Re: GM buys AVTO-VAZ

You forgot to mention that GM owns SAAB, and controlling interests in Suzuki, Isuzu and Subaru, not to mention the usual suspects: caddy, opel etc.

As for Ford's effort in AM - a company that has never made a profit since 1964 =/ . Well at least they are trying to turn it around, thats all I can say !
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Old 08-26-2003, 18:59   #4 (permalink)
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Re: GM buys AVTO-VAZ

General Motors Corp. has tentative plans to build Opel Astras at the joint venture assembly plant it is constructing with AvtoVAZ in Togliatti, Russia, a top company executive tells WAW at the Geneva Motor Show.

It also may consider products from other GM nameplates, including the auto maker's European and Asian partners, reveals David Herman, GM executive-in-charge of the Commonwealth of Independent States.

We intend, within one year, to make a decision to do another vehicle. Herman says. The idea is to choose from the stable of products available from GM and its partners as well as maybe AvtoVAZ. But we have made tentative plans to do the Opel Astra notchback, and we'll make that decision within a year.

The decision depends on the development of the Russian market, which is growing at a 5% to 6% rate annually. Last year, new vehicle sales totaled about 1 million units, Herman says, and another 500,000 imported used vehicles were sold.

The JV with AvtoVAZ also has to have a successful start before GM approves another product for Russian production. The $350 million JV is scheduled to open in September. The factory will employ some 1,200 workers and have an annual capacity of 75,000 units.

It will make the Lada Niva SUV, which will be badged a Chevy Niva. Base price will be below $8,000, keeping it within Russia's very modest average income levels. About 35,000 Lada Nivas will be exported to Western Europe. The Lada Nivas bound for Western Europe will feature Opel's 1.8L 16-valve gasoline engine and Fiat Auto SpA's 1.9L diesel.


GM just did a big deal selling a lot of blazers and the hummer H2 to the ruskis
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Old 08-26-2003, 19:11   #5 (permalink)
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Re: GM buys AVTO-VAZ

do you think its a terrible move by GM to have access to the russian and asian markets ?
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Old 08-27-2003, 00:20   #6 (permalink)
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Re: GM buys AVTO-VAZ

Ford already has a plant building focii in russia doesn't it?
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Old 08-28-2003, 01:40   #7 (permalink)
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Re: GM buys AVTO-VAZ

Much sooner have an Aston Martin than a Lada Niva !!!
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