The government Foreign Investment Commission plans to consider the sale of Russian assets of Volkswagen and Hyundai in the near future. In this respect informs “Kommersant”.
The litigation between GAZ and Volkswagen and the partial seizure of assets did not slow the approval of the deal, according to broadcast sources. The buyer of the Volkswagen plant in Kaluga should remain the Avilon dealer. Most likely, it is stated that after the acquisition, the production of Chinese cars of the Chery brand will begin at the enterprise. It has not been announced which model it will be.
Hyundai concern owns automobile factories in Solnechnogorsk and Shushary. According to the publication, these companies can acquire Kazakh companies and establish the production of spare parts for car assembly at plants in Kazakhstan.
It happened in March 2023 knownA court in Russia has arrested Volkswagen assets as part of GAZ’s lawsuit seeking the recovery of 15.6 billion rubles from the German company. The court banned all kinds of registration cases related to the restructuring, liquidation, change in the composition of the participants, increase or decrease of the registered capital of Volkswagen and the legal entities under its control. Later, the Arbitration Court of the Nizhny Novgorod Region lifted the confiscation of Volkswagen’s real estate and equipment.
Previously reportedIgor Morzharetto, an auto reviewer, a partner of the Avtostat analytical agency, said that it is impossible to restore and then use used spare parts of the brake system, unlike body parts.