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Russian authorities will invest additional billions in the Aurus brand

  • July 28, 2022
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The Ministry of Industry and Trade of the Russian Federation supported the application for a special investment contract submitted by Aurus. Aurus itself will have to invest a

Russian authorities will invest additional billions in the Aurus brand

The Ministry of Industry and Trade of the Russian Federation supported the application for a special investment contract submitted by Aurus. Aurus itself will have to invest a certain amount and in return receive state guarantees and tax benefits.

This will be the first special investment contract, the parameters of which provide for the production of hybrid cars, notes the press service of the Ministry of Industry and Trade of the Russian Federation. It should be noted that all Auruses really rely on a hybrid system built around a bi-turbo V8.

According to the department, the investment volume of business owners will exceed 4.7 billion rubles, and in total it is planned to assemble 7,500 cars. True, it is not specified for how long … After all, the brand factory can only produce 5,000 cars per year.

We add that the shareholders are FSUE “NAMI” (63.5%), “Fund for Defence, Security and Development of the UAE Tawazun” (36%) and Sollers (0.5%). So most likely the state unitary enterprise will be the main source of investment.

Now the “first Russian luxury brand” produces one model – the Senat executive sedan. However, by the end of 2022, he should be joined by the Komendant SUV, which the company has special hopes for.

In addition, it is the intention to also produce heavy Merlon motorcycles under the Aurus brand. “Merlon” is a protrusion of a fortress wall, for example, the Kremlin. At the same time, Aurus cars are named after Kremlin towers, so the naming looks quite logical.

This will be the first special investment contract, the parameters of which provide for the production of hybrid cars, notes the press service of the Ministry of Industry and Trade of the Russian Federation. It should be noted that all Auruses really rely on a hybrid system built around a bi-turbo V8.

According to the department, the investment volume of business owners will exceed 4.7 billion rubles, and in total it is planned to assemble 7,500 cars. True, it is not specified for how long … After all, the brand factory can only produce 5,000 cars per year.

We add that the shareholders are FSUE “NAMI” (63.5%), “Fund for Defence, Security and Development of the UAE Tawazun” (36%) and Sollers (0.5%). So most likely the state unitary enterprise will be the main source of investment.

Now the “first Russian luxury brand” produces one model – the Senat executive sedan. However, by the end of 2022, he should be joined by the Komendant SUV, which the company has special hopes for.

In addition, it is the intention to also produce heavy Merlon motorcycles under the Aurus brand. “Merlon” is a protrusion of a fortress wall, for example, the Kremlin. At the same time, Aurus cars are named after Kremlin towers, so the naming looks quite logical.

Source: Avto Vzglyad

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