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  New developments! Russian government approves Volkswagen to sell factories

  According to the Russian "Gazette" quoted sources as saying that the Russian government has approved the sale of Volkswagen's Kalu processing plant, which is the last step for Volkswagen to withdraw from the Russian market. Reported that the buyer or the Russian Avilon holding company, but so far, it is not clear the size of the planned transaction. one

  Russia Volkswagen Automotive Volkswagen Group Kalu Market Factory processing Plant Asset Volkswagen Group Company News Nizhny Novgorod 2023-04-23
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  Be sued! The German car company's assets in Russia have been frozen.

  On March 20, foreign media reported that all Volkswagen assets in Russia had been frozen. Reported that a court in the Russian region of Nizhny Novgorod seized all the assets of Volkswagen Group in Russia because the Gorky Automobile Factory (hereinafter referred to as GAZ) asked it to claim more than 155 billion rubles. Data show

  Volkswagen Russia Automotive Group Volkswagen Factory Volkswagen Group Brand Asset production Market Company Kalu Nizhny Novgorod Investment 2023-03-21
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  Volkswagen's Russian factory may stop production until June

  Two Volkswagen plants in Russia have stopped production due to the war between Russia and Ukraine and disruptions in the supply of spare parts, according to the Russian Vedomosti. Volkswagen's two Russian plants, the Kaluga plant and the Nizhny Novgorod plant, will stop production for more than two months and are expected to resume production in June-July this year, according to sources. Volkswagen is considering shipping parts to Istanbul and then to Russia via Georgia, the source said.

  Volkswagen 2022-04-04
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  Be sued! The German car company was claimed $348 million.

  Shortly after Volkswagen lifted some of the assets freeze in Russia, Volkswagen received another $348 million in compensation from the Russian GAZ Group. On April 11th, according to media reports, court records showed that Gorky Automobile Plant, a subsidiary of the Russian GAZ Group, was on April 7th.

  Volkswagen Russia Automotive Group Volkswagen assets Factory Volkswagen Group Litigation Nizhny Novgorod production Company contract Market Court 2023-04-11
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  Daimler's new plant in Russia will produce Mercedes-Benz E-Class, GLC and other models.

  On April 3, local time, Daimler's Mercedes-Benz assembly plant in Russia was officially inaugurated. Several senior Russian and German officials attended the opening ceremony, while Russian President Vladimir Putin appeared at the opening ceremony. This also shows that Russia attaches importance to the Daimler plant, which is also regarded as a "rare" overseas investment in the Russian automobile industry. The plant, located about 40 kilometers northwest of Moscow, with an investment of more than 250 million euros (US $281 million), is expected to create more than 1000 jobs and produce Mercedes-Benz cars and SUV models for the region, including the E-Class, GLC, GLE and GLS. German federal economic affairs.

  Daimler Mercedes 2019-04-05
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  Volkswagen closed a production base in Russia

  A German trade union said on Tuesday that Volkswagen would close one of its two production bases in Russia, according to media reports. In fact, as early as March 3 this year, Volkswagen announced the suspension of production at two plants in Russia. At that time, Volkswagen Group issued a statement on Twitter that Volkswagen was located in Ka, Russia.

  Russia Automotive Volkswagen factories groups production Volkswagen Volkswagen Group Kalu models processing plants processing Statistics companies employees 2022-07-06
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  Another one! Volkswagen may sell Russian factories

  On October 19, local time, Russian President Vladimir Putin declared a state of war in Donetsk, Luhansk, Herzon and Zapolo fever, after which the war between Russia and Ukraine intensified, and the Russian automobile industry almost came to a standstill. At the same time, more and more car companies have announced their "withdrawal" from the Russian market. October 1st

  Russia Automobile Volkswagen Factory Group Market production Volkswagen Kalu Volkswagen Group processing Plant processing Business Nizhny Novgorod Model 2022-10-20
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  Volkswagen shut down production at two factories affected by the war

  Prior to the ​, US President Joe Biden repeatedly warned that Russia would wage war against Ukraine and gave a specific time. Although the start of the war was delayed, Russia officially invaded Ukraine on February 24, 2022. At present, although the two sides of the war have given some war damage data, but because the information is not transparent, it is not possible for the outside world to fully assess the situation of the war, but the war has posed a serious threat to the local political situation, the security and daily life of the local people. Recently, street fighting broke out in Kiev, the capital of Ukraine, and Ukraine directly issued weapons to ordinary people to participate in the war.

  Affected by the war some Volkswagen factories shut down. 2022-02-28