• Feb 13, 2008
Relentless deal maker Carlos Ghosn has never stopped looking for any partnership that would give Renault a plum position in a profitable market. Already close to a Nissan deal with Chrysler working on Renault and Nissan deals in the Middle East, his latest paramour is in Russia. Ghosn has secured himself and four Renault managers seats on the board of AvtoVaz -- the company which, as you're all aware, is more popularly known for the name of its signature vehicle: the Lada.
Ghosn's idea is that Russia will be the hottest thing going in two years, so he needs to book his place now. Renault will take a 25-percent stake in AvtoVaz, and the board members from Renault will be focused on technology and cost-cutting issues. AvtoVaz will still be led by its Russian majority shareholders -- one of which is the State -- but will benefit from the expertise of one of the most efficient men in the business. To boot, they are also in talks with Renault about assembling Logans and Meganes. Who knows -- if Russia really does become that important and AvtoVaz proves itself with the hatchbacks, perhaps it'll get a shot at a Lada GT-R?

[Source: Automotive News - Sub. Req.]


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    • 1 Second Ago
  • 11 Comments
      • 6 Years Ago
      It it just me or does he look like Mr. Bean?
      • 6 Years Ago
      I'm buying a LAda GT-R for myself. What about a 480 bhp 6,000 dollar car?
      • 6 Years Ago
      Is that Ghosn eHarmony photo?
      • 6 Years Ago
      He reminds me of the Grinch
      • 6 Years Ago
        • 6 Years Ago
        that is kick ass
      • 6 Years Ago
      Another good move by Le Cost Cutter, but hopefully it's not as bad for customers as some of his others.
        • 6 Years Ago
        Ditto. I believe that Nissan will be back to the glory days of twin turbo Z cars and Silvias once there's more corporate cash available. This could turn out to be very good move.
      • 6 Years Ago
      Bean. Mr Bean.
      Just to clarify- Lada is a brand that once included several vehicles, the most well known on our shores being the Niva 4x4: Underpowered and downright shoddy in many ways, but just to simple to break.
      • 6 Years Ago
      With Nissan's bargain basement approach to quality and fit and finish, what's a Russian built Sentra going to be like?
      Like the last great savior, perhaps it would have been better if Ghosn had ascended to heaven after resurrecting Nissan.
      • 6 Years Ago
      I wonder if someone read Pete DeLorenzo's Autoextremist's rant of the week? http://www.autoextremist.com little hint: there some mentions of Ghosn's possible next move