The world is with the soul in a fist since Vladimir Putin decided to invade Ukraine. Thousands of innocents are in danger of death and, those who have already perished, have lost their most precious asset: life. But beyond the humanitarian tragedy is the economic one, greatly affecting all the countries that in one way or another have relations with Russia. And how not, the automotive sector He is one of the worst suffering, even if they are insignificant.
Renault is one of the manufacturers with the most interests in the Eurasian country. They are the shareholders that control the capital of AutoVAZ and therefore of Lada, leading the local market. However, with the sanctions and the breakdown of the logistics chain have had to cease their activity. Until now, a piece of news that is less shocking has come to light: they would have sold their participation in this company to the Russian state. And the most interesting for nothing...
Renault could return after a few years, but by buying back its shares for a higher price...
From the outset, as you may have seen, we are treating the information conditionally. Yes, because at the moment Renault has not commented on the matter. Moreover, not even the Gallic state (owner of 15% of its share capital) has said this mouth is mine. Therefore, we have to trust the sources that say that the sale of AutoVAZ and Lada to Russia is a fact. Moreover, they have indicated that the transaction would have been made for the value of 1 measly ruble.
It looks like, who would have taken over AutoVAZ and Lada would have been NAMI. This organization would be a kind of research institute for the automobile sector that already deals with models like the ones used by Putin. Even so, it seems that this transaction could be reversible as long as the conditions that Russia says are met. Is that in about five or six years Renault could buy back its shares paying more.
Yes, because if it is true that they have been forced to sell AutoVAZ and Lada, you have to have the guts to impose your position. According to these sources, the Russian trade minister, Denis Manturov, would have said that Renault would have to pay more than 1 ruble to buy back its company. And all, because they would have to invest money so that it does not sink. In fact, he would have said a few words to the Russian medium Interfax in which he would give the following reasons...
“If during this period we make investments, that will be taken into account when it comes to the cost. There will be no gifts here
With everything, You have to be patient and wait for Renault or the Gallic state to rule on the matter. However, if the sale to the diamond house is true, it will cost him to get out of the rut. Above all, because part of their income came from this country. We will be up to date...
Source - Bloomberg - Automotive News - Interfax
More information about this model
- Plazas 2 - 5
- Power 83 cv
- Consumer goods 9,9 l / 100km
- Assessment 2,5