Manturov announced the revival of the Volga and Pobeda

Denis Manturov, Minister of Industry and Trade of the Russian Federation, said in an interview: RBCHe said that they will continue production of the Volga and Pobeda automobile brands in Russia.

“Colleagues have plans to revive the Volga or Pobeda brands, for example. Or both,” said the minister.

At the same time, Manturov did not specify the possible timing of the resumption of production.

Answering the question whether cars of these brands can be produced in Nizhny Novgorod, he said that the project can be implemented at different sites.

Previously, the production of Moskvich cars will begin until the end of this year. It also admitted that it could be a hybrid or electric version.

Before became knownThat the Russian assets of the French company Renault will become state property. Thus, 100% of CJSC Renault Russia shares will be transferred to the Moscow government, 67.69% of AvtoVAZ shares will be transferred to FSUE NAMI, and the remaining shares will be transferred to Rostec.

Renault will be able to buy back its stake in AvtoVAZ within six years. All Lada cars will continue to be produced at AvtoVAZ factories within the framework of existing licenses. In addition, the automobile concern will maintain Renault cars in Russia.

Source: Gazeta


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