Lada

Renault repairs Russian carmaker's finances as market regains traction

Massive investments and turning $1.6 billion of debt into equity have started to pay dividends for the manufacturer of Russia's iconic Lada.

Renault drives on to record sales in first half

The carmaker's sales jump 10.4 percent over the comparable period a year earlier and far outpaced the overall market which expanded by 2.6 percent.