Austrian businessman Siegfried Wolf proposed to the Russian authorities a project for the production of cars in the Russian Federation, which he himself estimates at 60 billion rubles. On Friday, April 7, writes Der Spiegel. “He criticized the special operation.” Meladze will be checked for financing of the Armed Forces of Ukraine The Moscow Prosecutor’s Office is checking in relation to the singer Valery Meladze for financing…
According to the publication, back in January 2023, Wolf sent this proposal to Russian President Vladimir Putin.
The plan involves the production of at least 270,000 cars per year at two enterprises – GAZ in Nizhny Novgorod and the Volkswagen plant in Kaluga.
The businessman proposed to resume production in the Russian Federation of some models of Skoda cars with a new design, which will be based on the characteristic features of the Volga and Pobeda, already in the second half of this year. In particular, he called for “reviving the legendary Russian brand Volga”. Wolf believes the project will help create 12,000 new jobs. For business development, the entrepreneur asked the Russian authorities for a loan.
Until 2019, Siegfried Wolf served as Chairman of the Board of Directors of GAZ, now he is a member of the Supervisory Board of Porsche. In March 2023, Der Spiegel reported that the German automotive component manufacturer Schaeffler intends to sell its business in Russia through a holding controlled by Wolf. “Give Crimea to Russia“. Brazilian President came up with a peace plan for Ukraine Brazilian President Lula da Silva believes that Ukraine needs to “cede Crimea to Russia“… 07 April 18:16
In March last year, the Volkswagen Group announced the halt of its Russian production, as well as the cessation of car exports to the Russian Federation due to the conflict in Ukraine. In turn, Hyundai stopped its assembly lines in St. Petersburg, citing supply difficulties.
On April 6, the Kommersant newspaper wrote, citing sources, that the production of Chinese Chery cars is planned to be launched at the former Volkswagen plant in Kaluga.
In addition, according to the publication, the deal to sell Hyundai’s Russian assets is close to completion.
The legal dispute between GAZ and Volkswagen, as well as the partial seizure of the latter’s assets as part of the proceedings, did not slow down the sale, and the Avilon car dealer should still become the buyer, Kommersant claims. “Don’t be afraid and stand your ground.” The leader of the “Night Snipers” responded to the cancellation of concerts After the cancellation of concerts in six Russian cities, the leader of the rock band “Night Snipers” … 07 April 16:21
In the future, the plant is expected to assemble Chinese cars of the Chery brand,” the publication says.
According to the interlocutors of the newspaper, a structure close to Astana Motors, which organizes the production of components for a plant in Kazakhstan in St. Petersburg, may become a candidate for Hyundai assets. Military operation in Ukraine. Day 408 Ukraine will suffer colossal losses in the very first hours in the event of a counteroffensive, they said … 07 April 23:58
Also on the eve of the concern, BAIC (Beijing Automotive Group) and its dealer Major Auto informed that the production volume of cars of the Chinese brand BAIC in 2023 will be 30 thousand units.
“The total planned production volume by the end of the year will be about 30 thousand cars, in total, seven BAIC models will be presented in Russia this year,” the message says.
Sales of the BAIC U5 Plus sedan and X35 crossover are expected to start soon. By the end of the year, the line of cars will be replenished with two crossovers, two SUVs and an electric car.
Earlier, Avtotor, a Kaliningrad enterprise, began the industrial assembly of cars of the Chinese brand BAIC. The first models that began to be assembled at the enterprise were the BAIC X35 crossover and the BAIC U5 plus sedan. Sales of these models are scheduled to begin in the second quarter, TASS reports.