OREANDA-NEWS. June 28, 2010. Due to the strengthening demand of Chevrolet NIVA and increase of the production plan till the end of 2010 year, the GM-AVTOVAZ Leadership team has decided to resume two-shift operations starting from September, 21st and till the end of the year. From that point, production will take place over two shifts, five days per week and 8 hours per shift, reported the press-centre of GM-AVTOVAZ.

CJSC GM-AVTOVAZ started its existence from the 27th of June in 2001 when the general framework agreement was signed by representatives of General Motors, AVTOVAZ and European Bank for Reconstruction and Development. Joint Venture was set up at the foundation meeting on the 30th of July in 2001 and was registered in Russian Ministry of Justice on the 2nd of August in 2001.

First employees were recruited on the 27th of August in 2001 and the excavation works at the site started in October.

Key Goals of the Joint Venture
to become a major player in Russia and CIS regional vehicle markets by producing cars of competitive quality and of affordable prices

introduction of the quality culture,

implementation of low-cost production and procurement systems,

strengthening of Western companies confidence in Russian business,

attraction of investments into Russian automotive industry stimulating setting up the Joint Venture in auto components industry.