Carlos Ghosn will be removed from his post.
The joint venture of Renault and Rosteha has completed the redemption of the shares of the car factory.
On "Avtovaz" came another "Varangian" - this is how the factory names the foreign presidents. Frenchman Yves Karakatzanis succeeded in this post compatriot Nicolas Mor in early June.
GC "Rostekh" and Renault can redeem 100% of the shares of PJSC "AvtoVAZ".
Renault bought a share in the Russian automaker from Nissan.
Neither local manifacturing nor attempts to increase exports didn't help.