As reported on the company's official website in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), shareholders made this decision at an extraordinary meeting held on December 26, 2016. Changes were entered into the state register of legal entities the very next day, December 27.

"Promavtoinvest" (formerly known as "ZAZ") is engaged in the production of cars under the ZAZ brand (models Lanos, Sens, Lanos-van, Forza, Vida), as well as trucks and buses created on the chassis and units of the Indian company TATA. At the same time, all manufactured equipment is made taking into account specific market requirements and demands.