News July 2009

«QUEENGROUP» Company announced new name for the car previously known under Chevrolet Lanos brand. Now the car is called as Chance. Production process, parts and accessories will remain the same. According to the agreement reached between «QUEENGROUP» Company and CJCS «ZAZ» all requirement shown to distribution rules are observed.

Chance cars will be represented by three models in different options with engine displacement of 1.3 and 1.5 liters, and two classic body types - Sedan and Hatchback. In the nearest future face lifting is planned for the car family. «QUEENGROUP» Company plans to sell 20 000 cars till the end of 2009, in 2010 - 50 000 cars and in 2011- 80 000 cars.

L.E. Islyamov, Director of «QUEENGROUP» company, comments: «We are confident in commercial success of the car that from now on will be represented under the new name - Chance. Experience of all companies, whenever manufactured this car, shows that this car represents an ideal correlation of price and quality in its class».

N. М. Yevdokymenko, Chairman of the Board of CJSC «ZAZ», comments: «In the current market conditions I assess this agreement as the positive one. «ZAZ», as the manufacturer, is ready to support «QUEENGROUP» Company in aggressive promotion of Chance cars.  We discuss the plans on cars sales not only within the territory of Russia, but we also speak about widening of the sales geography, to be exact - about delivery of Chance cars to the territory of Kazakhstan and Moldova».

Lanos car had been first presented to the European market by Daewoo Company. Later on it was supplied to Russia and sold under Chevrolet Lanos brand. Since the effect date of the agreement concluded between «ZAZ» and «Queengroup» plant will manufacture car under the brand of Chance.

It will be possible to buy Chance in Moscow, Moscow region, Saint-Petersburg, Voronezh, Lipetsk, Cherepovets, Ufa, Naberezhnye Chelny, Ekaterenburg, Vladimir, Chelyabinsk, Tyumen, Perm, Krasnodar, Rostov-on-Don and other cities. Till the end of 2009 car will be represented in more than 70 automotive centers all over Russia.

For reference:

 «Queengroup» Company was established in 2002 and now it is one of the most significant players at the Russian car market. It operates in the field of wholesale of cars, automotive spare parts and accessories. Since 2009 it is an exclusive distributor of cars manufactured by CJSC  «ZAZ» in Russia.