1972 saw the introduction of a deluxe version of the sedan, VAZ-2103, which was based on the Fiat 124 Special and featured a new 1.5 L engine and twin headlights.
Between 19, AvtoVAZ acquired 30 welding robots from Japanese firms.The original, Fiat-based models included the VAZ-2101 sedan and the VAZ-2102 estate. Production reached 750,000 cars a year in 1975, making the Tolyatti plant the third most productive in the world. The same year, total VAZ production reached 1.5 million.The VAZ plant was described as 'ultra-modern' by the Chicago Tribune in a 1973 article. A third production line was added in October 1974, boosting output to 2,230 cars a day. About 22,000 VAZ-2101s were built in 1970, with capacity at the end of 1973 reaching 660,000 a year 21 December, the one millionth 2101 was built. The VAZ trademark, at first, was a silver Volga boat on a red pentagonal background, with 'Togliatti' superposed in Cyrillic (Тольятти) the first badges, manufactured in Turin, mistakenly had the Cyrillic 'Я' rendered 'R' instead (Тольʀтти), making them collector's items.Unlike most Soviet enterprises, the company was not vertically integrated, rather depending for components on a variety of suppliers over which it exerted little control.1970s The VAZ automaking plant in 1969The first VAZ-2101 was produced on 22 April 1970, the 100th anniversary of Lenin's birth. Production was intended to be 220,000 cars a year, beginning in 1971 (other sources listed 300,000 in 1971) car production actually began before the plant was finished in 1970. The cost of the VAZ plant was estimated at $800 million in 1970 (equivalent to $4.1 billion in 2018).The car brand to be produced ('Zhiguli') was envisaged as a 'people's car' like the Citroën 2CV or the VW Type 1. A new town, Tolyatti, named after the Italian Communist Party leader Palmiro Togliatti, was built around the factory. It was set up as a collaboration between Italy and the Soviet Union and built on the banks of the Volga River in 1966. The AvtoVAZ factory is the largest car manufacturer in Russia and Eastern Europe.Contents1 History1.1 Establishment1.2 1970s1.3 1980s1.4 Post-privatization1.5 Involvement of Renault-Nissan1.6 Recent developments2 Company structure2.1 Ownership2.2 Subsidiaries3 Currently produced models3.1 Developed by AvtoVAZ3.2 Developed by other companies4 Export5 Motorsport5.1 World Touring Car Championship6 Sponsorship7 See also8 Notes9 References10 Further reading11 External linksHistoryEstablishmentThe company was established in the late 1960s in cooperation with Fiat, with Viktor Polyakov (later Minister of Automobile Industry) as director, and Vladimir Solovyov as chief designer, and intended to produce popular economy cars that would meet the growing demand for personal transport. AvtoVAZ produces over 400,000 cars a year, under its Lada brand as well as cars of Renault–Nissan–Mitsubishi Alliance brands Renault, Nissan and Datsun. AvtoVAZ is a consolidated subsidiary of Groupe Renault. The company is a subsidiary of the Alliance Rostec Auto company, in which French Groupe Renault holds a controlling 67.61% stake. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik which were phased out in the 1990s and replaced by Lada for the Russian market.
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It is best known for its flagship series of Lada vehicles. (100%)Number of employees48,266 (2017)ParentGroupe RenaultWebsiteOfficial websiteAvtoVAZ (Russian: АвтоВАЗ), formerly known as VAZ (Volzhsky Avtomobilny Zavod) (ВАЗ, Во́лжский автомоби́льный заво́д, or Volga Automobile Plant), is a Russian automobile manufacturer.
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From Wikipedia, the free encyclopedia Jump to navigation Jump to search PJSC AvtoVAZNative nameПАО АВТОВАЗTypePublic joint stock companyTraded asMCX: AVAZIndustryAutomotiveFounded1966 53 years ago (1966)HeadquartersTolyatti, Samara Oblast, RussiaKey peopleYves Caracatzanis (Chief executive officer)Sergey Skvortsov (Chairman)ProductsAutomobilesBrandsLadaZhiguliProduction output452,067 vehicles (2017)Revenue$3.87 billion (2017)Operating income-$11 million (2017)Net income-$165 million (2017)Total assets$1.96 billion (2017)Total equity-$1.15 billion (2017)OwnerAlliance Rostec Auto B.V.
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