Lada West Togliatti ( rus, Лада Запад Тольятти, p=ˈladə ˈzapət tɐlʲˈjætʲ(ː)ɪ) is a Russian
car manufacturer owned by
AvtoVAZ
AvtoVAZ ( rus, АвтоВАЗ, p=ɐftoˈvas) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ ( rus, ВАЗ), an acronym for Volga Automotive Plant in Russian (russian: Во́лжский автомо ...
. The company came from
GM-AvtoVAZ
GM-AvtoVAZ was a Russian joint venture between General Motors and AvtoVAZ set up in 2001. In 2002, it started producing the Chevrolet Niva, based on the Lada Niva, at its Tolyatti plant. Though both companies had an equal share of ownership, the ...
, a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
between AvtoVAZ and
General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
.
History
Lada West Togliatti predecessor was
GM-AvtoVAZ
GM-AvtoVAZ was a Russian joint venture between General Motors and AvtoVAZ set up in 2001. In 2002, it started producing the Chevrolet Niva, based on the Lada Niva, at its Tolyatti plant. Though both companies had an equal share of ownership, the ...
, a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
created in early 2001 for producing the VAZ-2123 (
Niva II) off-road vehicle under the name Chevrolet Niva. Initially, the venture had three co-owners:
AvtoVAZ
AvtoVAZ ( rus, АвтоВАЗ, p=ɐftoˈvas) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ ( rus, ВАЗ), an acronym for Volga Automotive Plant in Russian (russian: Во́лжский автомо ...
and
General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
(GM) each owned 41.6% of the shares, and the remaining 16.8% belonged to the
European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focus ...
(EBRD). In 2012, the EBRD withdrew from the venture, selling its shares equally to partners.
In December 2019, GM sold its stake to AvtoVAZ, making GM-AvtoVAZ a wholly owned subsidiary of the latter. The former venture kept the right to continue using the
Chevrolet
Chevrolet ( ), colloquially referred to as Chevy and formally the Chevrolet Motor Division of General Motors Company, is an American automobile division of the American manufacturer General Motors (GM). Louis Chevrolet (1878–1941) and ous ...
marque for a certain amount of time.
On 15 April 2020, AvtoVAZ officially dropped the GM-AvtoVAZ name and re-
incorporated the former venture as "JSC Lada West Togliatti".
In July 2020, Lada West Togliatti stopped assembling Chevrolet-badged Nivas, adopting instead the
Lada marque.
[ In December 2020, Lada West Togliatti introduced the Niva Travel, a revised Niva.
In July 2021, the Lada Travel production was transferred to the main AvtoVAZ's Tolyatti plant. AvtoVAZ CEO Nicolas Maure clarified that the Lada West Togliatti production would be "suspended" but the plant was to be neither closed nor sold.
]
Leadership
The first general director of Lada West Togliatti was Romuald Rytvinski who also hold the same position while it was a joint venture with GM. In December 2020, he was replaced by Yuri Skulsky, the then human resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include m ...
chief of the company.
References
{{AvtoVAZ
Car manufacturers of Russia
Motor vehicle assembly plants in Russia
Vehicle manufacturing companies established in 2020
Companies based in Samara Oblast
AvtoVAZ
Buildings and structures in Samara Oblast