MOSCOW, May 19. The German automaker Volkswagen has completed the sale of its Russian assets, including the car plant in Kaluga, to the structure of the Avilon dealer — Art-Finance, according to
«Volkswagen Group has completed the sale of its stake in Volkswagen Group Rus LLC, including subsidiaries (Volkswagen Components and Services LLC, Scania Leasing LLC, Scania Finance LLC, Scania Insurance LLC «) to the structure of the Russian dealer of Avilon — LLC Art-Finance,» the message says.
«The deal has been approved by the Russian authorities and includes production facilities in Kaluga, the importer's infrastructure (distribution business and after-sales service), and a warehouse activities and financial services with all related employees,» the automaker added.
Volkswagen CEO in Russia Gerrit Spengler, in turn, thanked employees and business partners for their support and loyalty during the automaker's work in the country. «During the final negotiation and approval of the terms of the transaction, our responsibility to customers, employees and business partners was in the center of our attention,» he stressed.
According to the Unified State Register of Legal Entities, Art-Finance was registered in February this year its absolute owner is the president of «Avilon» Andrey Pavlovich. As the Vedomosti newspaper noted in April, citing sources, Avilon is negotiating with the Chinese automaker Chery, which can act as a new production partner.
Volkswagen suspended production in Russia in March 2022. Such cars of the auto concern as Volkswagen Tiguan, Volkswagen Polo and Skoda Rapid were assembled in Kaluga. /ria.ru/20230413/jeacoo-1865081838.html» data-title=»Cars of the new Chinese brand Jaecoo will appear in Russia this year»>