AvtoVAZ

JSC АvtoVAZ
Native name
АО АвтоВАЗ
Formerly
  • Volga Automotive Plant (VAZ)
  • Volga group for the production of passenger cars, AvtoVAZ
  • PJSC AvtoVAZ
Company typeState-owned enterprise
IndustryAutomotive
Founded1966; 58 years ago (1966)
HeadquartersTolyatti, Samara Oblast, Russia
Area served
Worldwide
Key people
Maksim Sokolov (Chairman and CEO)[1]
ProductsAutomobiles
Production output
426,419 vehicles (2020)[2][note 1]
BrandsLada
RevenueDecrease ₽169,574.040 million[3] (2022)
Decrease ₽-1,542.48 million[3] (2022)
Decrease ₽206.61 million[3] (2022)
Total assetsDecrease ₽211,019.42 million[3] (2022)
Total equityIncrease ₽29,277.28 million[3] (2022)
OwnerLada Auto Holding[4]
Number of employees
36,413[5] (2018)
Websiteinfo.avtovaz.ru

AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftɐˈvas]) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód).[6] AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding.

AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding.

  1. ^ "Russia's Avtovaz names ex-transport minister as CEO after Renault exit". Reuters. 23 May 2022. Retrieved 23 May 2022.
  2. ^ "Facts and figures 2020" (PDF). Renault. p. 12. Retrieved 22 January 2022.
  3. ^ a b c d e "АО "АВТОВАЗ": бухгалтерская отчетность и финансовый анализ" [JSC AvtoVAZ: accounting reports and financial analysis] (in Russian). AvtoVAZ. Retrieved 14 May 2023 – via Audit-It.
  4. ^ Cite error: The named reference LAH was invoked but never defined (see the help page).
  5. ^ "АвтоВАЗ: рабочие места" [AvtoVAZ: Jobs] (in Russian). AvtoVAZ. 20 August 2018. Retrieved July 8, 2019.
  6. ^ Clarity, James F. (18 August 1970). "Moscow Is Rushing Into an Era of Traffic Congestion". The New York Times. Archived from the original on 6 July 2017. Retrieved 5 July 2017.


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