Avtovaz has signed memorandum of intent with Yandex LLC to jointly develop multimedia systems, including information and entertainment and navigation services.
The memorandum includes cooperation in telematics services, connected cars and multimedia systems. Yandex plans to participate in creating the multimedia system of Avtovaz at the level of adaptation of its services
Avtovaz, in turn, plans to install multimedia systems with Yandex services to the main part of LADA cars. The companies expect to conclude a strategic partnership agreement by Dec. 31