Renault speeds into Russia via Avtovaz: deal for a 25% stake sets French car maker on rapid growth path
Article Abstract:
A deal between French auto maker Regie Nationale des Usines Renault and Russia's P/O AvtoVaz will provide AvtoVaz with management and technology improvements and offer Renault a presence in Russia's rapidly expanding vehicle markets. Renault will acquire a 25% stake for more than $1 bil.; AvtoVaz is Russia's largest car manufacturer by output.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Peugeot's turnaround plan swims against strong euro
Article Abstract:
French automaker Peugeot S.A. plans to cut 4,800 jobs nationwide, ramp up model launches, and reduce costs to improve profitability. It also plans to finalize a decision on whether to build a manufacturing plant in Russia. The strong euro is complicating the use of Europe-based plants to gain competitiveness in overseas markets.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Isuzu's growth goals include wider reach in China, Russia
Article Abstract:
Isuzu Motors Ltd. has announced a three-year business plan that targets a 50% increase in operating profit and expansion of capital outlays. The operating profit goal has been placed at $1.29 bil by March 2011 and will comprise 7.5% of sales. The company will also focus on emerging markets in Russia and China.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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