“We don’t have large sums”
Renault is not ready to invest in AvtoVAZ The French concern Renault, which the Russian authorities persistently advised to financially support AvtoVAZ, said yesterday that it supports the restructuring of the car plant, which is close to bankruptcy, but refuses Moscow’s requests to inject large amounts of money into the enterprise. Patrick Pelata, the operating director of Renault, which owns a blocking stake in the Russian auto giant, spoke about this in Paris.