Recently, according to overseas media reports, Volkswagen is looking for investors to take over its plant in Kaluga, southwest of Moscow, which is currently idle.
VW is considering various scenarios for its future in Russia, and based on what it has learned so far, it has yet to make any decisions, but does not rule out a simple sale of its assets to a third party, the report said.
It is worth noting that just a few days ago, Nissan announced that it will completely withdraw from the Russian market. All local operations of its Russian company will be sold to the Russian Institute of Automotive and Automotive Engine Science for only 1 euro.
Volkswagen's situation in Russia is getting worse. In July this year, it has suspended the operation of another Russian plant in Nizhny Novgorod, which was established in 2009 and produces the Volkswagen Tiguan and Skoda Octavia. Expenses for dismissed employees have been paid.
And with local demand dwindling, it is likely to lead to a final decision by Volkswagen, a source close to Volkswagen's supervisory board said: "We have a clear intention to withdraw from the country."
It is worth noting that in September this year, Toyota decided to close its factories in Russia. Mazda is also coordinating with Russian partner companies to withdraw from production. With the latest Nissan and Volkswagen, well-known international car brands in Russia have gone seven or seven. Eighty-eight.
