It is not yet clear if VW's deal includes a clause that would allow it to return to Russia in the future car auto cars
struck a deal with a Moscow-based dealership by the name of Avilon. An official sales price has not been announced but reports state Avilon paid approximately €125 million to acquire VW’s Russian operation and its factory in the western city of Kaluga which has enough capacity to build 225,000 vehicles a year.
While Volkswagen only released a very short press release about the deal, it notes that it was approved by Russian government authorities and also includes its importer structure as well as the warehousing and financial services activities with all associated employees.reports that Volkswagen spent €774 million to build the Kaluga plant and that it opened in 2007 before reaching full-scale production in 2009.
According to some industry experts, many large companies waited for several months before deciding to pull out of Russia given that many of them spent decades building supply chains throughout the country.Car manufacturers operating in Russia had employed 300,000 people in 2021 as well as 3.5 million in related industries.
It is unclear if Volkswagen’s deal with Avilon includes a clause that would allow it to return to Russia. Renault reached a deal to
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Giant Louise Bourgeois spider sculpture sells for record $32.8 million at auctionSotheby's sold a spider sculpture for nearly $33 million.
Baca lebih lajut »
Giant Louise Bourgeois spider sculpture sells for record $32.8 million at auctionAn ultra-creepy sculpture commanded a blood-sucking price at auction Thursday.
Baca lebih lajut »
BizWeek: Daily Herald sells print center to Tribune; negotiations continue over Bears subsidiesThis Week in Business: An affiliate of the Chicago Tribune has purchased the Daily Herald printing center; a bill to subsidize a new Bears stadium is being discussed in Springfield.
Baca lebih lajut »
The ‘Best Restaurant in the World’ Sells 70 Kinds of DosasDid I mention that you also get unlimited free servings of sambal, a spicy, veggie-studded dal soup ladled from a pot at the side of the room? (via EaterNY)
Baca lebih lajut »
Guitar smashed by Nirvana's Kurt Cobain sells for nearly $600,000A guitar smashed on stage by Nirvana front man Kurt Cobain sold for nearly $600,000, several times its original estimate, an auction house said Saturday.'Kurt Cobain, when he was on stage, when he played, he was a machine.
Baca lebih lajut »