Automakers

GM pulls out of Russian JV with AvtoVAZ

ChevyNiva-MAIN.jpg
GM and AvtoVAZ build the Chevrolet Niva in Russia.
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By:
GLEB STOLYAROV and ALEXANDER MARROW
|
R
By:
Reuters
December 09, 2019 02:24 PM

MOSCOW -- Russia's biggest automaker, AvtoVAZ, is buying out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand, effectively ending GM's presence in car assembling in the country.

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