Manturov allowed the start of production of cars at the former Volkswagen plant before the end of the year
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Car production at the former Volkswagen plant in Kaluga could start before the end of the year. This was announced by Deputy Prime Minister, Minister of Industry and Trade of the Russian Federation Denis Manturov on the sidelines of the Army-2023 forum.
“I think that before the end of the year this can happen,” he said, answering a related question (quote according to RIA Novosti).
May 19 Volkswagen informed on the sale of its stake in Volkswagen Group Rus to the Russian legal entity LLC Art-Finance, which owns the dealer “Avilon“. In addition to the plant, the Russian buyer also received Volkswagen Components and Services, Scania Insurance, Scania Finance, and Scania Leasing, owned by Volkswagen. Later in the Ministry of Industry and Trade clarifiedthat the deal does not include a buyback option.
The Volkswagen plant in the Grabtsevo technopark near Kaluga was launched in the SKD mode in 2007. Two years later, it switched to full-cycle car production, including welding, painting and assembly. The enterprise can produce up to 225,000 cars per year. In 2015, a plant for the production of 1.6-liter engines was opened there (capacity – 150,000 per year).
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