A major investor is interested in purchasing a Volkswagen car factory in Kaluga

AFK Sistema is interested in purchasing a Volkswagen factory in Kaluga. The Kazakh company Allur, which is involved in the production of cars and has Chinese shareholders involved in the release of Volkswagen in China, will also be involved in the purchase, according to sources.

AFC and Allure have not yet responded. Volkswagen Group Rus said it is considering asset sales, but no decision has been made yet.

*This material was created by a person who has the status of a foreign agent in the Russian Federation.

According to the source, there are multiple options for possible interaction between the Kazakh and Russian parties in the deal. But, most likely, we are talking about continuing the production of existing models.

Since March 2022, the site in Kaluga has been shut down. Previously, Volkswagen Tiguan and Polo models were produced there, as well as Skoda Rapid. The production capacity of the car plant is 225 thousand cars per year.

Source: Commercial

Source: Z R

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