The various entanglement around the Volga car represents the dysentery that the Russian native car can't conceal. There is no doubt that the financial tsunami has played a boosting role externally, which has accelerated the exposure of Volga and other Russian automakers. Therefore, when a volleyball car in full swing looks for answers to life and death, it is difficult to have a definitive answer, even if the way it has been discussed is only a tentative action.
However, it is certain that after the discussion on nationalization, Volga chose to take a step in the opposite direction. In October 2009, there were views that Russia should be taken over by the government and return to the state of nationalization in its founding stage. The people who hold this view think that the nationalization of the Volga car at the beginning of the establishment was due to national conditions. Later, because of the national conditions, it was privatized. At this stage, Volga’s ability to develop and sell vehicles has not been improved, but it has created many problems. When the Putin government took over the Volga car, it was already in life and death. Due to the revival of the Russian automobile market, Volga car was able to survive. At this time, Volga started cooperation with multinational car manufacturers such as General Motors. The extent to which cooperation with transnational capital has improved the competitiveness of Volga cars makes it difficult to come up with clear measures, so it is best to return to the state of its initial stage.
However, the current Volga car did not choose this route. After lengthy negotiations with Renault and Nissan , Volga Cars placed hope for survival on the Auto Union. In other words, using the capabilities of Renault and the Nissan Automobile Alliance, we will completely transform Volga cars. Compared with the retrogression of nationalization, transnational capital has once again advanced.
According to the new letter of intent signed by Renault, Nissan Automobile Alliance and Volga Automobile and other related parties, by 2015, its production capacity will reach 900,000 units, and the basic models and technologies will come from Renault and Nissan. In terms of capital, the Russian government will provide corresponding loans. According to Russia’s state-owned capital in Volga’s equity, the capital contribution will not exceed this limit. Renault and Nissan offer the same standard discounts. Just on the brand side, Volga will continue to be bigger.
When Volga stepped to the verge of bankruptcy, the Russian government had hoped that Renault and Nissan could inject cash, otherwise it would reduce its stake in the cooperating company, but this did not get the approval of Renault and Nissan, and it always insisted on providing Volga. Models and technologies. Now, the results of the negotiations basically followed the direction of Renault and Nissan, and the Russian side did not appear to worry about the loss of state-owned capital. Things are basically going smoothly.
In 2009, the average decline in the Russian auto market was more than 50%, which made it a dream for Europe's largest auto market. This is only a delay in terms of time, not a factual reversal. The attractiveness of the Russian automobile market still exists. By making various Volga vehicles able to survive is an imminent choice, especially for the Lada brand to find new products and technology depends on the core of various rescue programs. New cooperation with Renault and Nissan has basically satisfied this condition.
Not only that, Russia also further withdrew its influence in the largest commercial vehicle manufacturer, Kama. Due to the close cooperation between the manufacturer of this commercial vehicle and Daimler in Germany, Daimler showed great interest in increasing its shareholding in Karma in the process of advancing the adjustment of the automobile industry in Russia. The Russian side also responded positively to the information of Daimler, hoping to use the power of Daimler to upgrade the competitiveness of Kamal.
Represented by the cooperation between the two iconic vehicle manufacturers and multinational car companies, Russia is planning to withdraw its influence in business operations. This is a pragmatic choice in the face of strong foreign investment. The power of integrating multinational car companies is used by me and follows the correct laws of industry development. In front of multinational car companies, their goal is to make clear, mainly based on vehicle technology and models. In pursuit of GDP, Russian cars encourage capable multinational car manufacturers to establish vehicle production bases. The division between these two methods is very clear.
In terms of integrating international resources, the Russian government will come forward to help them solve more practical problems. For example, before the Federal Reserve Bank of Russia participated in the bid for Opel, they hoped that the transaction could further save Volga instead of satisfying Putin’s personal political needs. As a result, when the deal broke down, GM was questioned in many ways.
Indeed, the car has changed the world. For latecomers, choosing the right way to develop the automotive industry is crucial. History has proven the correctness of those choices.
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