Russian authorities are no longer very interested in the reverse buyback of car factories by foreign concerns. This opinion was expressed by the Minister of Trade and Industry Denis Manturov, commenting on the possible return of major global brands.
I strongly doubt the feasibility for the automotive industry
He emphasized that foreign car concerns left the Russian market due to pressure from regulators in their countries.
In 2022, Nissan, Volkswagen and other manufacturers with their own assets left Russia. Now, the Nissan plant in the Northern capital has started assembling XCITE.
Soon, a production line will start operating in the Kaluga region, where Volkswagen used to be assembled.