The United States continues to impose prohibitive sanctions on Russian companies, especially those working in the automotive industry. Under these circumstances, Russia hoped for import substitution from “friendly” countries, primarily China. Meanwhile, the latter is trying to play on two fronts, declaring that the country will “not add fuel to the fire”, while maintaining close relations with the invaders.
what is known
- The latest package of restrictions affected the concern KAMAZ, which includes the manufacturer NefAZ and the Tutaevsky Motor Plant.
- Not only American companies, but also citizens and banks that use the dollar as payment currency cannot work with these businesses.
- Immediately after this information appeared, assumptions appeared that KamAZ could run out of car components even from China. The country’s banks are trying not to pay the sanctioned structures as they run the risk of being under them.
The first such “rejection” was the Chinese conglomerate Weichai. has decided to no longer supply gas engines to the trucking giant. At the same time, KamAZ seriously planned to equip classic trucks of the K3 generation with engines of this company. Currently, KAMAZ is purchasing HanDe axles and Fast Gear gearboxes from Weichai, whose supply is threatened with sanctions.
Given Russia’s sanctions risks and logistical problems, it will be extremely difficult to find a new supplier at this level.
Source: 24 Tv
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