News: Avtovaz OAO (AVAZ.MM)

AVAZ.MM on Moscow Interbank Currency Exchange

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Tue, Feb 18 2014

Lada maker Avtovaz reports 2013 loss

MOSCOW, Feb 18 - Russia's largest carmaker, Avtovaz, reported a loss of 6.9 billion roubles ($196 million) for 2013 under Russian accounting standards, due to a deterioration in the country's auto market.

Lada-maker AvtoVAZ to axe jobs as Russian car market slows

MOSCOW, Jan 23 - Russia's largest carmaker AvtoVAZ plans to axe 2,500 jobs and lose about the same again through attrition this year to help it back to profit in a contracting domestic market, its new chief executive said on Thursday.

Fitch Affirms JSC AvtoVAZ at 'B-'; Withdraws Ratings

(The following statement was released by the rating agency) BARCELONA/LONDON, January 15 (Fitch) Fitch Ratings has affirmed Russia-based automotive producer JSC AvtoVAZ's Long-term foreign and local currency Issuer Default Rating (IDR) at 'B-', Short-term foreign and local currency IDR at 'B' and National Long-term Rating at 'BB(rus)'. Fitch has also affirmed the senior unsecured rating at 'B-'/'RR4'. The Outlooks on the Long-term ratings are Stable. Fitch has withdrawn the ratings as AvtoV

Russia's Lada maker appoints former GM exec as chief

MOSCOW, Nov 5 - Russia's largest carmaker Avtovaz has appointed former General Motors Co. executive Bo Andersson as its first foreign boss.

Russia's Avtovaz may poach CEO of truckmaker rival

MOSCOW, Oct 17 - The board of Russia's largest carmaker, Avtovaz, has suggested that the head of bus and truck maker Gaz take over from its outgoing chief executive, Avtovaz said on Thursday.

Russia's Avtovaz says CEO stepping down

MOSCOW - The chief executive of Russia's largest carmaker Avtovaz , Igor Komarov, is stepping down, the auto company said on Wednesday.

Russia's Avtovaz says CEO stepping down

MOSCOW, Oct 16 - The chief executive of Russia's largest carmaker Avtovaz, Igor Komarov, is stepping down, the auto company said on Wednesday.

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