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Will AvtoVAZ still have its own “automatic”?

The company produced gear shift drives

As the Interfax agency writes with reference to the Unified State Register of Legal Entities, AvtoVAZ bought out the former joint venture of the Japanese companies Toyota Tsusho (65%) and Atsumitec (35%), which produced gearshift drives.

AvtoVAZ
AvtoVAZ

Will AvtoVAZ still have its own “automatic”?

Based on the Unified State Register of Legal Entities, 99% of the shares of ATC Rus are now owned by JSC AvtoVAZ, another 1% – by the distributor of spare parts of the group JSC Lada-Image. The production of ATC Rus was opened in the Togliatti SEZ in the spring of 2016, the enterprise is designed to produce 400,000 manual and automatic transmission drives.

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Tags: automobile manufacturingautomotive historyautomotive industryautomotive innovationautomotive manufactureravtovazcar brandingcar companycar productioncar technologyladaRussian automakervehicle designvehicle models

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