Sollers-Isuzu SPIC Termination: Government Clearances and Impacts on Russian Auto JV

The joint venture between Sollers and the Japanese vehicle maker Isuzu has secured formal government clearance to terminate the Special Investment Contract (SPIC). Confirmation came from Isuzu Rus and a representative of Russia’s Ministry of Industry and Trade, as reported by Kommersant. The decision marks a significant pivot in the collaboration that had been framed as a driver for localized production and modern truck development in the region. Analysts note that while the exit closes a chapter for both companies, it also shifts attention to how the existing assets and know‑how will be repurposed within Russia’s evolving automotive landscape. Kommersant notes that government involvement in the SPIC’s termination underscores the state’s ongoing interest in monitoring and guiding foreign‑partners’ engagement in joint ventures that intersect with national industrial goals.