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Russia's Lada maker boss eyes profits despite struggling car industry

Monday, August 29, 2016 - 05:50

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Mr Maure said that in light of high demand for the Lada Vesta - 30,000 of which have been sold in Russia since January - the company would study the market and could cancel its four-day workweek.

Moscow

FOUR months after taking the helm of struggling Russian car giant Avtovaz as CEO, Renault executive Nicolas Maure has set his sights on returning the Lada maker to profit by 2018.

Mr Maure, who headed Romanian carmaker Dacia for just over two years before taking on his new

sentifi.com

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