Novosibirsk-based banking group JSC TsK acquired Volkswagen Group Finanz LLC, previously owned by Volkswagen Financial Services AG. In this respect reports Telegram channel Unlimited.
It was noted that within the scope of the same transaction, the factoring subsidiary of Volkswagen LLC FVFU RUS was transferred to the Central Committee of JSC. Both transfers of ownership were recorded at the end of January 2024.
In Russia, Volkswagen Group Finanz was acting as leasing operator for a German car manufacturer. Current information on the company’s website indicates that it also offers vehicle loans and factoring services in addition to leasing. In March 2023, CK JSC also acquired the leasing company Expomobility LLC in Russia, which is owned by the French company Societe Generale Group.
It happened before that knownIt was stated that Kaliningrad automobile holding Avtotor plans to start mass production of electric vehicles produced by its specialists in 2025. In addition, the new product will be equipped with equipment for people with limited mobility.
The first prototypes will be presented this year. New cars will be created on a technology-neutral platform with highly localized production of components, including critical ones. Most of the car components will be produced in the new factories created by Avtotor.
Previously reportedThousands of new cars have accumulated at the former Volkswagen plant near Kaluga.