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According to November 23 report of media, Nissan Motor has purposes to purchase the largest car of manufacturer's Volga of car of Russia (AvtoVAZ) 10% of the shares. French Renaud Company in Renaud alliance of Nissan holds 25% of the shares of this company at present, if add 10% that Nissan purchased, proportion of stock right of over 30% will make Nissan Renaud alliance become the biggest shareholder of the car of Volga, and then obtained power of management of the essence.
Volga car is controlled about 30% share by the Russian government. It is reported 2008, the intersection of Volga and car because of get into a difficult position by international economic crisis, Renaud Company provide funds of, go on reconstructing to car of Volga by 1 billion, have obtained 25% of the shares together up till now.
On November 2, Ge En, president of Renaud Company, talks with Russian Premier Putin, Putin agrees to transfer half of the share of car of Volga that the government holds to Renaud Company. Renaud Company or further strengthening the investment in the car of Volga.
Nissan Renaud alliance had an optimistic view of the Russian market very much, began to produce the small-scale car in common development with the car cooperative programme in Volga in 2012, go into operation in located in car of Volga in the middle part of Russia factory, can expect annual output 300,000, compact cars developed will use the sale of parting of brand of 3 companies.
The cooperation purpose of strengthening the aspect of capital this time is opening up the Russian automobile market with enormous potentiality. Influenced by international economic crisis, the sales volume of 2009 of the Russian automobile market will be only about 1,500,000 vehicles, reduce by half compared with the year before last. Under the encouragement of the government policy, Russian automobile market resumes rapidly. According to the data of the Russian car statistical analysis company, the Russian automobile market is overall or increase by 22% this year, reach 1,750,000. Guard the sales volume goal for 1,650,000 (increase by 22%) . If the sales volume can be up to 1,750,000 this year, then the sales volume will be noted down 2008 of this figure or breaking 2013 years ago, realize 2,800,000.
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