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Lada plant to build Nissans
Monday, May 17, 2010
A Nissan-badged Logan saloon will be made at Lada's famous Togliatti plant - the first tangible evidence of Renault's recent takeover of Lada.
The Togliatti plant was once seen as a bastion of communist-era production, and more recently hit the headlines when Russian prime minister Vladimir Putin visited the plant at the height of owner Avtovaz's recent financial crisis.
At the time, Putin made headlines by backing the plant's management for not cutting jobs despite the financial problems faced by the company, and then offered around £800m in loans, cash and guarantees to support the company.
He also subsequently bought an AvtoVAZ Niva SUV to show his support for the company.
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