GENERICO.ruАвтоMoskvich, AVTOVAZ and Sollers came under US sanctions

Moskvich, AVTOVAZ and Sollers came under US sanctions

In total, the new sanctions list includes more than 70 people and several dozen companies.

The US Treasury Department on Thursday , September 14, significantly expanded sanctions against Russia. The list also includes automakers, including the revived Moskvich, Sollers and AVTOVAZ. Russian manufacturers of special equipment, as well as the state-owned company Avtodor, were also sanctioned. All assets of the organizations included in the list in the United States will be blocked, in addition, a ban will be introduced on American persons from any interaction with sanctioned companies.

Recall that KAMAZ has been under US sanctions since last year, and in 2022- This manufacturer, along with UAZ (owned by Sollers), was included in the EU sanctions list. The Americans introduced restrictions against the GAZ Group back in 2018; for four years the company was given a deferment, but last year the sanctions still came into force.

Of the automakers included in the extended list, a comment was given at the time of publication of the news Sollers. “We do not expect any consequences, since over the past year the business of the Sollers group has been completely restructured to sanctions-resistant supply channels for components, financial settlement mechanisms and is strategically focused on technological independence from external partners,” RBC quotes the company’s press service.

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