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| AvtoVAZ VAZ Hybrid Cars - Conversion Kits Find and post information about AvtoVAZ VAZ hybrids, cars and conversion kits for Russian AvtoVAZ VAZ cars here. |
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AvtoVAZ is one of the biggest car makers in Europe and the leading auto manufacturer in Russia, controlling around 70% of domestic car production. Company manufacturing capacities allow for production of over 1 000 000 cars annually. The company features models such as the LADA-ELFI (a miniature city car), the VAZ-1111E (a four-seat electric car), the VAZ-2115 (sedan), and the Niva 2131(an all-wheel drive SUV). The company has a $330 million joint venture with General Motors – GM AvtoVAZ — to manufacture the Chevy-Niva SUV and Chevy Viva cars. AvtoVAZ and GM each hold a 41.5% share in the venture, while the European Bank for Reconstruction and Development owns the remaining 17%. In 2006, AvtoVAZ’s net profit was 2 512 million rubles (70.5 million euros), up by 79,4% from 2005.
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