Avtovaz
Report: Russia's AvtoVAZ finally turns a profit after many years
During the first quarter of 2010, Russian automaker Avtovaz lost 2.6 billion rubles ($85M U.S.). In the second quarter it made almost a third of that back when it posted a net profit of one billion rubles ($32.7M U.S). The spike came courtesy of Russia's cash-for-clunkers program, which more than doubled the firm's sales over Q1 numbers to 149,100 cars.
AvtoVAZ looking to buy platforms from Euro manufacturers
The former Soviet car manufacturer's plants and available technology remains far from leading-edge, so buying underpinnings from other companies appears to be the most efficient way of building competitive new cars quickly.