In 2008, the Renault-Nissan Alliance paid $1 billion for a 25 percent share in former General Motors partner AvtoVAZ, Russia’s largest automaker. By 2014, the European-Japanese alliance expects to own a majority share of the Togliatti-based automaker, reports Automotive News. The companies have agreed to pay AvtoVAZ’s Russian stakeholders approximately $750 million over the next Read on! →


Not many cars stay in production for 30 years. One of the few that has, the Lada Riva, was one of the icons of the Soviet auto industry. Now, it is being phased out as the company is being modernized. Some things stay the same The list of cars that remain in production for several Read on! →