The forthcoming announcement will reveal the outcomes of the tender for the sale of Volkswagen Group assets in the Russian Federation.
Industry reporting indicates that the buyer is expected to gain not only the Kaluga plant but also the engine production line and the financial units associated with Scania as part of the deal.
The leading candidate appears to be the Avilon Automotive Group, which is said to have offered the most favorable terms among bidders.
AFK Sistema, another participant in the Russian market, chose not to engage in the tender process.
The situation is being monitored by market observers as the transaction progresses. It is anticipated that the investor will resume assembly operations at the plant, potentially shifting toward localized production of Jetta models as part of the VW and FAW partnership. Parallel imports relating to Avilon continue to be a noted pathway for the brand in the region.
Avilon Automatic Group and Volkswagen have not issued formal responses to the circulating information.
Drive can be read on Viber.
Source: Commercial