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Nissan plant in St. Petersburg can start assembling Chinese FAW

  • October 17, 2022
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The Russian authorities are negotiating the launch of production of cars of the Chinese brand FAW at the Nissan plant in St. Petersburg. PJSC KAMAZ can become a

Nissan plant in St. Petersburg can start assembling Chinese FAW

The Russian authorities are negotiating the launch of production of cars of the Chinese brand FAW at the Nissan plant in St. Petersburg. PJSC KAMAZ can become a partner as a manager of a company.

Vedomosti reports on FAW’s involvement through KamAZ’s mediation in the development of the Nissan machine building site. True, without specifics and deadlines.

Recall that the Russian assets of the Japanese brand, including the car factory, became state property. According to the Ministry of Industry and Trade, Nissan has already approved the deal, which, as in the case of Renault, includes a buy-back option for the next six years. In the meantime, the domestic AVTOVAZ will deal with the warranty and after-sales service of Nissan cars.

Meanwhile, “Nissan” dealers have already started to get rid of cars of the Japanese brand, which has caused the prices of stock cars to drop significantly.

Vedomosti reports on FAW’s involvement through KamAZ’s mediation in the development of the Nissan machine building site. True, without specifics and deadlines.

Recall that the Russian assets of the Japanese brand, including the car factory, became state property. According to the Ministry of Industry and Trade, Nissan has already approved the deal, which, as in the case of Renault, includes a buy-back option for the next six years. In the meantime, the domestic AVTOVAZ will deal with the warranty and after-sales service of Nissan cars.

Meanwhile, “Nissan” dealers have already started to get rid of cars of the Japanese brand, which has caused the prices of stock cars to drop significantly.

Source: Avto Vzglyad

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