[Russian media: Volga car factory is in talks with three Chinese companies to assemble Lada brand cars] April 26, according to Russian satellite news agency, Volga car factory president Maxim ∙ Sokolov said that the factory is in talks with three large Chinese car companies on the possibility of assembling new Lada brand models in its three factories, and an agreement is expected to be reached this year. The Volga car plant has production bases in Toriarty, Izhevsk and St. Petersburg. In mid-May last year, France's Renault converted its stake in Volga Motor works (67.69%) into state-owned property of the Russian Federation.