Renault / Nissan Alliance are considering the purchase of LADA

According to unofficial information, Renault / Nissan Alliance are considering the purchase of another new brand. It’s about the Russian car maker Lada. Currently, Japan’s French company has a 25% in Russian company that was acquired for 1 billion dollars in 2008. Currently Lada made ​​an offer for another 25% + 1 for another 1 billion dollars.

Currently, LADA is bestselling car in Russia with 570,000 units sold last year, which is 30% of all new cars. The company was founded in the late 60s, initially created models with brands Lada and Zhiguli under patent of Fiat.

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Tags automobile industry Nissan Renault