Will AvtoVAZ still have its own “automatic”?

0
150

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.

Also Read:   some lowered prices for Lada Vesta NG below the recommended ones
Don’t forget to leave us a comment below and let us know what you think! Share Our Website for Technology News , Health News , Latest Smartphones , Mobiles , Games , LifeStyle , USA News & Much more...