AvtoVAZ CEO rules out profits before 2018

AvtoVAZ CEO Maure expects some growth in Russia next year.

By:

Jack Stubbs

June 14, 2016 05:00 AM

MOSCOW -- AvtoVAZ, the Russian automaker controlled by Renault and Nissan, will not return to profit until at least 2018, CEO Nicolas Maure has told a Russian business daily.

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