VW sells its plant in Russia – Economy

The VW Group is withdrawing completely from Russia for the time being. The plant in Kaluga will be sold to the Avilon trading group, the Wolfsburg company announced on Friday. After earlier steps in connection with the Ukraine war, the decision de facto marks the end of an independent Russia business at Europe’s largest car group. According to media reports, Moscow gave the green light this week. Shortly after the attack on Ukraine, VW suspended production in what were then two factories in Russia in March 2022. The export of vehicles to the giant country had also been stopped for all group brands, but the fundamental future of VW there remained open for the time being.

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