AvtoVAZ aiming for 1.2 mln cars p/y by 2020 - sources

MOSCOW, March 10 (Reuters) - Russian carmaker AvtoVAZ is aiming to produce around 1.2 million cars a year with partners Renault and Nissan by 2020, three sources familiar with the situation said on Wednesday.

The Lada-maker, 25 percent owned by France's Renault, is forecasting sales of just 400,000 cars this year following its near collapse in 2009.

(Reporting by Gleb Stolyarov, Writing by John Bowker) Keywords: AVTOVAZ/ ([e-mail];[phone] Reuters Messaging: [e-mail]) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.