9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
According to insiders, Chery will become the new owner of the inactive Volkswagen plant in Kaluga, which has been eyeing several Russian car assembly plants for some time.
It seems that the lawsuit of the GAZ Group, which demanded to recover more than 15.5 billion rubles from Volkswagen and Volkswagen Group Rus for violation of the industrial assembly agreement, only played into the hands of the Germans. This made it possible to weed out all “unnecessary” interested parties – particularly the Avilon dealer holding company – in order to transfer the asset to the right buyer. And he, according to the Telegram channel “Russian car”, referring to his own sources, is Chery.
If this is true, such a decision may have been influenced by Chinese President Xi Jinping’s recent visit to Russia, which took place on March 20 and 22. After all, at that time, the Chinese leader and Russian President Vladimir Putin were just discussing the development of bilateral relations.
Be that as it may, Chery’s Russian office has not yet officially commented on the information. The “Celestial” media also knows nothing about this deal – the headquarters are silent. However, remember that brand representatives have repeatedly said that the company is interested in expanding its presence in the domestic market and exploring options for localizing its products. In addition, Chery has been paying a lot of attention to Russian factories lately.
Although experts doubt that Chery will become the new owner of the Volkswagen plant in Kaluga. In particular, Sergei Burgazliev, an independent consultant for the automotive and transportation industry, believes that the purchase of this asset is currently not economically viable for the Chinese. With a relatively small sales volume (almost 40,000 cars in 2022), it makes no sense for them to take over such a large and expensive site.
According to him, the only option if Chery buys the factory is with agreements with some other Chinese brands to jointly load the production capacity.
We add that the Volkswagen plant in Kaluga, capable of producing 225,000 cars per year, opened in 2007. And it suspended its activities in March 2022 due to sanctions.
It seems that the lawsuit of the GAZ Group, which demanded to recover more than 15.5 billion rubles from Volkswagen and Volkswagen Group Rus for violation of the industrial assembly agreement, only played into the hands of the Germans. This made it possible to weed out all “unnecessary” interested parties – particularly the Avilon dealer holding company – in order to transfer the asset to the right buyer. And he, according to the Telegram channel “Russian car”, referring to his own sources, is Chery.
If this is true, such a decision may have been influenced by Chinese President Xi Jinping’s recent visit to Russia, which took place on March 20 and 22. After all, at that time, the Chinese leader and Russian President Vladimir Putin were just discussing the development of bilateral relations.
Be that as it may, Chery’s Russian office has not yet officially commented on the information. The “Celestial” media also knows nothing about this deal – the headquarters are silent. However, remember that brand representatives have repeatedly said that the company is interested in expanding its presence in the domestic market and exploring options for localizing its products. In addition, Chery has been paying a lot of attention to Russian factories lately.
Although experts doubt that Chery will become the new owner of the Volkswagen plant in Kaluga. In particular, Sergei Burgazliev, an independent consultant for the automotive and transportation industry, believes that the purchase of this asset is currently not economically viable for the Chinese. With a relatively small sales volume (almost 40,000 cars in 2022), it makes no sense for them to take over such a large and expensive site.
According to him, the only option if Chery buys the factory is with agreements with some other Chinese brands to jointly load the production capacity.
We add that the Volkswagen plant in Kaluga, capable of producing 225,000 cars per year, opened in 2007. And it suspended its activities in March 2022 due to sanctions.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
