- Renault announced that it has purchased the last 6% of Avtoframos’ (previously Moskvitch) capital which remained out of its control, and planned to increase the production to 190 000 units per year. In 2004, Renault bought 26% of Avtoframos, and in 2006, has increased its share to 94%.
- Renault-Nissan group owns also 25% of Avtovaz’s capital and plans to increase its share in the Russian carmaker (40% in a close future and the majority in a long term view). It is to be noted that the Togliatti plant, main factory of Avtovaz group, produces around 600 000 vehicles. All vehicles currently produced have been designed by Avtovaz itself. In the future, new models should be built from Renault-Nissan platforms.
- Renault confirmed it expects a long-term development of the Russian market, and highlighted that it had invested 480 million euros in its Moscow plant which currently produces six models: Logan, Sandero, Duster, Fluence, Koleos and Latitude.
- The Moscow plant produced 142 304 units in 2011 (compared to 86 573 in 2010). For the first ten months of 2012, the production has already exceeded 130 000 units, and could reach 160 000 units for the entire year.