AvtoVAZ CEO Andersson foresees sales surge from key Lada debuts

Former General Motors purchasing chief Bo Andersson faced a massive task when at the end of 2013 he was hired to turn around money-losing Russian car giant AvtoVAZ, parent company of the Lada car brand and a key part of the Renault-Nissan alliance. His job became far tougher a year later when the Russian economy stalled, which caused a big slump in car sales. Despite those challenges, Andersson is bullish about Lada’s future because of two key models that debut this year. He explained why in an interview with Automotive News Europe Correspondent Nick Gibbs.