Will the former Russian Renault plants be under Chinese control?
A) Moscow plant (former Avtoframos plant):
The Russian plant in Moscow, left by Renault in April 2022 following the war between Ukraine and Russia that began on February 24, 2022, took only six months to :
The Russian plant in Moscow, left by Renault in April 2022 following the war between Ukraine and Russia that began on February 24, 2022, took only six months to :
1. reach an agreement with a Chinese carmaker to produce a new model at this plant.
2. prepare the factory to produce this new model with the logo of a new brand to be created.
3. To revive the Moskvich brand, stopped in 2001, to name the new model.
4. to market the new model in Russia under the new brand.
5. to plan to sell 50,000 units per year, 10,000 of being battery electric.
B) Togliatti plant (Avtovaz plant):
Under these circumstances, it is quite conceivable that the Togliatti plant, which has stopped Renault production (Logan, Duster, Sandero, Largus) and will one day have to abandon Renault platforms for Lada models, will turn to a Chinese carmaker to rebuild the Lada range and launch new models with platforms and engines of Chinese origin. Inovev had pointed out a few months ago that today there was a real opportunity for a Chinese manufacturer to gain a foothold in Russia, both at Avtovaz (Togliatti) and Avtoframos (Moscow), as Renault had left the country in a hurry.
Under these circumstances, it is quite conceivable that the Togliatti plant, which has stopped Renault production (Logan, Duster, Sandero, Largus) and will one day have to abandon Renault platforms for Lada models, will turn to a Chinese carmaker to rebuild the Lada range and launch new models with platforms and engines of Chinese origin. Inovev had pointed out a few months ago that today there was a real opportunity for a Chinese manufacturer to gain a foothold in Russia, both at Avtovaz (Togliatti) and Avtoframos (Moscow), as Renault had left the country in a hurry.
C) In terms of sales in the Russian market, Chinese car sales already account for 15% of the Russian market in October 2022, up from 10% in the first ten months of 2022, 6.5% in 2021, and 3.5% in 2020. Chinese manufacturers were taking advantage of the market left empty by Europeans to increase their market share in Russia. At this point, this figure nevertheless remains to be put into perspective as the sales volumes of Chinese carmakers in 2022 are down compared to 2021 (50,000 units over 10 months 2022 against 90,000 in 2021).
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