[1] The company was organised as an association in which members contributed their shares in the form of free workshops.
It was founded in 1989 following a conference in Yelabuga Tatarstan, during which it was decided to create a new venture focused on the production of inexpensive vehicles by a screwdriver assembly process.
Although it was an executive committee member of the Yelabuzhsky registered company city, it soon moved its headquarters to Naberezhnye Chelny.
FSV, a British company that released the Rickman Ranger car with rear-wheel drive and the frame structure, was selected as a foreign partner.
According to the agreement, 70% of the car company was to be sent to FSV, with plans to fully localise the assembly in the future.