The American manufacturer GM - GENERAL MOTORS will create a joint venture with the Russia AVTOVAZ ("Lada" brand cars), project which represents an investment of USD 332 million and which will be equally financed by the two partners. They will both hold 41.5% of the capital in the joint venture while the EBRD (European Bank for Reconstruction and Development) will be associated in the project with the remaining 17%. The Americans will ensure the management of the new factory that will begin...