New deals worth EUR 71.4 million for Renault in Russia
AD Plastik Group recently concluded new deals with the Renault-Nissan-AvtoVAZ Alliance for the Russian market with a total value of EUR 71.4 million. More than 80 different exterior components will be produced at the AD Plastik Group plant in Togliatti, which will expand its injection moulding capacities due to new deals.
In addition to the production of exterior components, referring to bumper components, rocker panels, mudguards and under engine covers, an experienced team of Group engineers is also responsible for the development of a large number of positions on which the deal was sealed. In this manner the Group has strengthened its position as a development supplier of the injection-moulded components of the Renault-Nissan-AvtoVAZ Alliance.
New deals refer to the third generation of Logan and Sandero vehicles produced in Russia under the Renault name at the AvtoVAZ Togliatti factory. The new generation of these vehicles will be produced in Romania, Russia, Algeria, Morocco and Colombia under a common global name and appearance.
Renault Logan and Sandero are a sedan and compact version of the same vehicle, and they are among the twenty best-selling vehicles in the Russian market. Therefore, really high expectations for redesigned models, whose sales are estimated at over 140,000 vehicles annually only in Russia, are not surprising. The start of serial production is planned in the second quarter of 2021, and the estimated duration of the project is eight years.
“The Renault-Nissan-AvtoVAZ Alliance is among the key car manufacturers in Russia with more than 33 percent market share and it is as well one of our biggest customers. By concluding new deal, we have secured the position of the key supplier on this project, but we have also strengthened the important position of the development supplier. New vehicles are being manufactured on a platform that was introduced for the first time on the new Renault Clio 5, and they are expected to reach a maximum of five stars for safety on the Euro NCAP test. The vehicles will be somewhat larger than the existing models, and a strong impact of Renault Duster is evident in the design,” said Sales Director for the Russian market of the AD Plastik Group, Mislav Čelar.
