07
Jul
12:55
Volkswagen suspends GAZ cooperation, closes Nizhny Novgorod office
Volkswagen has suspended contract manufacturing of Volkswagen Rus models at the Russian GAZ automotive plant in Nizhny Novgorod due to the geopolitical situation and resulting economic impact, the German concern tells Kallanish.
The German group’s staff entered into downtime in March, after Russia invaded Ukraine and new sanctions were imposed against Moscow.
Thereafter, the majority of Volkswagen Rus personnel in Nizhny Novgorod took an offer to leave vol…
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Anonymous
Very good overview of the weekly steel market.
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