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Avtovaz OAO and Renault-Nissan to Set up Purchasing Unit-PRIME


Wednesday, 18 Sep 2013 08:08am EDT 

PRIME reported that Avtovaz OAO (AvtoVAZ) and Renault-Nissan alliance will set up a purchasing company on a parity basis to run their joint purchases in the spheres of industrial equipment, power units, and cars on jointly-developed platforms, AvtoVAZ said in a statement. The purchasing unit will attract foreign suppliers to AvtoVAZ and Renault-Nissan and develop relationships with suppliers to expand the localization of car component production in Russia. 

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