New chief executive for Russian car manufacturer

Lada manufacturer AvtoVAZ will be led by Renault Group MD, Nicolas Maure after a senior management change at the Russian car maker.

Nicolas Maure, the current Managing Director for Renault Group operations in Romania and President and CEO of Automobile Dacia, will take over from Bo Inge Andersson as the CEO of Russian AvtoVAZ from April 4th.

Before taking over operations in Romania, Maure was Vice President for Renault global manufacturing performance and a Vice President for Powertrain in the Renault-Nissan Alliance Purchasing Organisation.

The Russian AvtoVAZ company is responsible for manufacturing the Lada brand in Togliatti and is part of a joint venture between the Renault-Nissan Alliance and the Russian Rostec Corporation. Alliance Rostec Auto controls AvtoVAZ as well as Renault and Nissan operations across Russia.

“AvtoVAZ has modernized its lineup and manufacturing processes and significantly improved product quality,” said Carlos Ghosn, Chairman of AvtoVAZ and also Chairman and CEO of the Renault-Nissan Alliance.

“With Nicolas Maure, we plan to continue on this strategy despite the short-term challenges and we remain bullish about the long-term future of the Russian market and AvtoVAZ’s position as a domestic automotive manufacturer.”

Commenting further on the improvement made at AvtoVAZ, Rostec’s CEO, Sergei Chemezov continued, “In the last seven years, AvtoVAZ has undergone major changes which significantly improved the quality of the vehicles, increased efficiency and revitalised the model lineup. The objective today is to create a highly competitive product, increase Lada’s market share in Russia and to work deeply with Russian suppliers. In this regard, AvtoVAZ is a model of development for hundreds of companies across the country. We expect the new CEO to continue improvements and meet new challenges.”

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