In 2009, Bo Andersson, former Vice-President of General Motors, was appointed President/CEO of GAZ Group.
That was a turning point in the company's development after the crisis period of 2008.
Under the leadership of the foreign management the company renewed its model range, established cooperation with the leading international manufacturers and achieved the best financial results in the company's history.

In 2010, GAZ upgraded its model range by launching new GAZelle-BUSINESS lineup with diesel and petrol engines and LPG equipment.
In 2012 GAZ is starting preproduction of the new-generation light commercial vehicle GAZelle-Next.
The new GAZ model will be launched into mass production in 2013.

In November 2010 the company decided to end production of the Volga Siber, its last GAZ passenger car model, and to discontinue the GAZ Volga range.
In December 2010, GAZ Group signed a memorandum of understanding with Daimler on contract manufacturing of Mercedes-Benz Sprinter at GAZ plant in Nizhny Novgorod.
It is expected that production will start in 2013.
In June 2012 GAZ Group and Daimler announced start of implementation of Mercedes-Benz Sprinter contract manufacturing project at GAZ plant, and plans to organize contract manufacturing of Mercedes engines at Yaroslavl Motor Plant of GAZ Group.

In February 2011, General Motors and GAZ Group signed an agreement on contract assembly of the new Chevrolet Aveo car at GAZ plant in Nizhny Novgorod.
As of December 2012, production was underway with an expected annual production of 30,000 vehicles.

In June 2011, Volkswagen Group Rus and GAZ Group signed a long-term agreement on contract manufacturing at GAZ plant with total investment of €200 million.
It is planned to produce Škoda Yeti, the new Volkswagen Jetta and Škoda Octavia.
The total production volume in the peak years will be about 110,000 vehicles.
In November 2011, under the contract manufacturing agreement, GAZ started SKD assembly of Škoda Yeti; full-cycle production started in December 2012.

In 2011, GAZ Group achieved the highest results in the history of the company in terms of net profit, net profit margin, and revenue per employee.
In 2011 the revenue of the company increased by 37%, EBITDA – by 49%, and net profit – by 4 times.
The company's revenue in 2011 was $4.1 billion, the company earned $264 million of net profit.

In 2011, Bo Andersson received Automotive Executive of the Year Award at the International Automotive Forum organized by the Adam Smith Institute, and was named a Eurostar of automotive industry in the emerging market category by the Automotive News Europe Magazine for achievements in model range renewal, establishment of cooperation between GAZ Group and leading international automakers, and positive financial results of the company in 2010.
In 2009, Bo Andersson, former Vice-President of General Motors, was appointed President/CEO of GAZ Group. That was a turning point in the company's development after the crisis period of 2008. Under the leadership of the foreign management the company renewed its model range, established cooperation with the leading international manufacturers and achieved the best financial results in the company's history.
In 2010, GAZ upgraded its model range by launching new GAZelle-BUSINESS lineup with diesel and petrol engines and LPG equipment. In 2012 GAZ is starting preproduction of the new-generation light commercial vehicle GAZelle-Next. The new GAZ model will be launched into mass production in 2013.
In November 2010 the company decided to end production of the Volga Siber, its last GAZ passenger car model, and to discontinue the GAZ Volga range. In December 2010, GAZ Group signed a memorandum of understanding with Daimler on contract manufacturing of Mercedes-Benz Sprinter at GAZ plant in Nizhny Novgorod. It is expected that production will start in 2013. In June 2012 GAZ Group and Daimler announced start of implementation of Mercedes-Benz Sprinter contract manufacturing project at GAZ plant, and plans to organize contract manufacturing of Mercedes engines at Yaroslavl Motor Plant of GAZ Group.
In February 2011, General Motors and GAZ Group signed an agreement on contract assembly of the new Chevrolet Aveo car at GAZ plant in Nizhny Novgorod. As of December 2012, production was underway with an expected annual production of 30,000 vehicles.
In June 2011, Volkswagen Group Rus and GAZ Group signed a long-term agreement on contract manufacturing at GAZ plant with total investment of €200 million. It is planned to produce Škoda Yeti, the new Volkswagen Jetta and Škoda Octavia. The total production volume in the peak years will be about 110,000 vehicles. In November 2011, under the contract manufacturing agreement, GAZ started SKD assembly of Škoda Yeti; full-cycle production started in December 2012.
In 2011, GAZ Group achieved the highest results in the history of the company in terms of net profit, net profit margin, and revenue per employee. In 2011 the revenue of the company increased by 37%, EBITDA – by 49%, and net profit – by 4 times. The company's revenue in 2011 was $4.1 billion, the company earned $264 million of net profit.
In 2011, Bo Andersson received Automotive Executive of the Year Award at the International Automotive Forum organized by the Adam Smith Institute, and was named a Eurostar of automotive industry in the emerging market category by the Automotive News Europe Magazine for achievements in model range renewal, establishment of cooperation between GAZ Group and leading international automakers, and positive financial results of the company in 2010.
GAZ