The Ministry of Industry and Trade of the Russian Federation announced that the sale of the Russian Volkswagen plant is nearing completion. The buyer is, unsurprisingly, the Avilon dealer.
“[The governmental] commission has already taken place. Accordingly, the parameters have been approved, and the implementation of the transaction between Avilon and Volkswagen is being completed. Next is the work with industrial partners with whom Avilon will organize production,” said the head of the Ministry of Industry and Trade of the Russian Federation, Denis Manturov.
Earlier there were rumors that Avilon would establish the assembly of Chinese cars at the enterprise in cooperation with Chery – the plant would produce cars under the Chery and Exeed brands. However, there is no official confirmation of this data yet.
As for another major Russian car production facility – the former Nissan plant, it will be renamed LADA St. Petersburg. As a reminder, this enterprise was transferred to the FSUE "NAMI", which is subordinate to the Ministry of Industry and Trade, in February 2023. Now, instead of Japanese cars, Chinese cars will be assembled here: the production of the Lada X-cross 5 crossover, which is in fact a renamed "Chinese" FAW Bestune T77, will begin in June.
Now on home
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