Volkswagen Group officially announced the sale of Russian assets, its new owner was Art-Finance LLC, associated with the Avilon dealer holding. says in the automaker’s message.
The new owner of Volkswagen Group Rus LLC takes over the factory in Kaluga, distribution and after-sales business, warehousing and financial services, as well as Volkswagen Components and Services, Scania Leasing, Scania Finance and Scania Insurance.
The German manufacturer announced that the buyer has acquired all shares in Volkswagen’s Russian subsidiaries, and the deal has been approved by the Russian government.
With data agency “Interfax”, the transaction amount is 10.5 billion rubles.
Previously reportedThat the GAZ automobile plant filed a third lawsuit against Volkswagen for 15.6 billion rubles in the Arbitration Court of the Nizhny Novgorod Region.