15 Facts About AvtoVAZ


AvtoVAZ is a Russian automobile manufacturing company owned by the state.

FactSnippet No. 1,596,054

AvtoVAZ is best known for its flagship series of Lada vehicles.

FactSnippet No. 1,596,055

AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer.

FactSnippet No. 1,596,056

AvtoVAZ is indirectly owned by Russian state enterprises through Lada Auto Holding.

FactSnippet No. 1,596,057

The first privately owned AvtoVAZ dealership was established by Boris Berezovsky in 1989.

FactSnippet No. 1,596,058

Related searches

Soviet Izhevsk

In June 1991, Bear Stearns was hired by the Soviet government to conduct an appraisal of AvtoVAZ and negotiate a venture with a Western partner, in preparation for the privatization of the company.

FactSnippet No. 1,596,059

AvtoVAZ came to be controlled by the management, including Vladimir Kadannikov, head of AvtoVAZ.

FactSnippet No. 1,596,060

In 1997, the Ministry of Internal Affairs launched Operation Cyclone, an investigation that ultimately uncovered evidence that gangsters connected to AvtoVAZ had carried out at least 65 murders of company managers, dealers, and business rivals.

FactSnippet No. 1,596,061

In October 2005, control of the company, which had until then been exercised by subsidiaries of AvtoVAZ connected to Kadannikov, was transferred to Rosoboronexport.

FactSnippet No. 1,596,062

AvtoVAZ became involved in conflicts with local suppliers, which he accused of supplying low-quality products.

FactSnippet No. 1,596,063

Takeover of AvtoVAZ was completed in June 2014, and the two companies of the Renault-Nissan Alliance took a combined 67.

FactSnippet No. 1,596,064

In December 2019, AvtoVAZ acquired General Motors' stake in their GM-AvtoVAZ joint venture.

FactSnippet No. 1,596,065

CJSC Super-Avto, a company associated to AvtoVAZ and established in 1997, is focused on the modification of Lada cars.

FactSnippet No. 1,596,066

On 3 March 2022 AvtoVAZ announced the suspension of the assembly of cars in Tolyatti and Izhevsk from 5 March.

FactSnippet No. 1,596,067

AvtoVAZ issued a press release blaming 'the ongoing crisis in the supply of electronic components.

FactSnippet No. 1,596,068