The results of the tender for the sale of the assets of the Volkswagen Group in the Russian Federation will be announced in the near future.
According to media reports, as a result of the transaction, the buyer will receive not only the Kaluga plant, but also the production of engines, as well as financial companies Scania.
The most likely buyer is the Avilon Automotive Group (AG), which offered the best deal terms.
Another contender for the German group’s assets in Russia, AFK Sistema, declined to participate in the tender.
*This material was created by a person who has the status of a foreign agent in the Russian Federation.
It is assumed that the investor will resume production at the plant in assembly mode. The most likely option is the localization of the Jetta models of the VW and FAW partnership in China, whose parallel imports have already been taken up by Avilon.
Avilon AG and Volkswagen have not yet responded to the information.
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Source: Commercial