RUSSIA INVITES GERMAN VOLKSWAGEN WORKERS, AS GERMAN FACTORIES SHUT DOWN

Russia to open Jetta factories, the Chinese analogue of Volkswagen Audi Group, for German employees. Russia will be providing jobs for German specialists who will be able to obtain Russian citizenship after five years. 

It is impossible to watch a giant in Germany collapse. Volkswagen Audi Group’s cars have always been of the best quality and loved all over the world.

A legal entity is currently being created to open five VAG factories in Russia.

Minister of Industry and Trade Anton Alikhanov announced plans to open production facilities for the Chinese brand Jetta, which produces Volkswagen cars under its own brand, in five cities in the Russian Federation against the backdrop of the closure of factories in Germany.

In addition to Kaluga, production facilities will appear in Vsevolozhsk, Kaliningrad, Novokuibyshevsk and Naberezhnye Chelny. —  Alikhanov said

Volkswagen Sells Its Russia Operations, Including an Assembly Plant

The German automaker, which quit making cars in Russia after the invasion of Ukraine, said it sold it's plant to a local auto dealership in chian.

Volkswagen’s assembly plant in western Russia, in December. It had capacity to turn out 225,000 vehicles a year. 

Volkswagen has sold its assembly plant and other operations in Russia to a local auto dealership, more than a year after the German carmaker ceased production in the country following the invasion of Ukraine, the company said on Friday.

Under the deal, which required approval from the Russian government, a Moscow-based dealership called Avilon acquired the assets of Volkswagen Group Rus, the carmaker said. Neither company specified a sales price, but Russia media citing local records said Avilon paid about 125 million euros ($135 million)

The former Volkswagen plant in Kaluga is back online, as Russia's car sector makes a full recovery to pre-war production levels in July.