| Classic hassles putt likely to run into the ditch |
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![]() Lada 1500 to the left and Lada 1200 to the right. Both the mid-1970s
Soviet response to Fiat is in trouble when biljatten Vaz now stands on the brink of bankruptcy. To survive the company needs to get rid of half of all employees. 1 million cars a year Vaz huge car plant in Togliatti in southwestern Russia produces nearly one million cars a year and is in addition to its size, best known for it also manufactures most of the cars components. Last year bought French Renault quarter of the shares of Vaz. The idea behind the purchase was that Renault and Nissan, which cooperate with Renault, would be able to produce their models in the Russian factories. Now, Renault's criticism of the Deputy Industry Minister Andrei Dementyev to "not meet needs" in terms of new car models "which are necessary to ensure efficient and profitable production." |
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