AvtoVAZ rolls out 27 millionth car Lada Priora

Gasgoo From Pardaphash

Pardaphash (Moscow) - With a Lada Priora hatchback AvtoVAZ, Russia's largest car-maker, has built its 27 millionth car at the company plant in Togliatti city.

AvtoVAZ president Igor Komarov and the governor of Samara region, where Togliatti is located, were present in the assembly hall when the car rolled off the assembly line.

AvtoVAZ began producing the Lada Priora in 2007.

The company is 25 percent owned by Renault-Nissan, which is moving closer to gaining control of the country's largest car-maker. It is creating a joint venture with state corporation Russian Technologies and investment company Troika Dialog to take over majority interest.

The joint venture will hold 74.5 percent of AvtoVAZ when the transaction is completed by 2014.

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