OAO Moskvitch stopped car production in 2002 when it filed for bankruptcy, which was finalized in 2006. We first caught wind of the brand's revival in May this year when Renault decided to sell its 67.69% share in AvtoVAZ to the Central Research and Development Automobile and Engine Institute of Russia (NAMI). The decision was taken because of Russia's invasion of Ukraine, which also prompted Nissan to leave the country earlier this month.
