Renault speeds into Russia via Avtovaz: deal for a 25% stake sets French car maker on rapid growth path

Article Abstract:

A deal between French auto maker Regie Nationale des Usines Renault and Russia's P/O AvtoVaz will provide AvtoVaz with management and technology improvements and offer Renault a presence in Russia's rapidly expanding vehicle markets. Renault will acquire a 25% stake for more than $1 bil.; AvtoVaz is Russia's largest car manufacturer by output.

Motor vehicles and car bodies, Securities issued, listed, Company investment, Investments, Russia, Automobile industry, Securities, Regie Nationale des Usines Renault, Company securities, P/O AvtoVaz

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Peugeot's turnaround plan swims against strong euro

Article Abstract:

French automaker Peugeot S.A. plans to cut 4,800 jobs nationwide, ramp up model launches, and reduce costs to improve profitability. It also plans to finalize a decision on whether to build a manufacturing plant in Russia. The strong euro is complicating the use of Europe-based plants to gain competitiveness in overseas markets.

Foreign operations, Peugeot S.A.

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Isuzu's growth goals include wider reach in China, Russia

Article Abstract:

Isuzu Motors Ltd. has announced a three-year business plan that targets a 50% increase in operating profit and expansion of capital outlays. The operating profit goal has been placed at $1.29 bil by March 2011 and will comprise 7.5% of sales. The company will also focus on emerging markets in Russia and China.

Forecasts, trends, outlooks, Japan, Company business forecast/projection, Company forecasts, Isuzu Motors Ltd.

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