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06 Jul
13:29

Volkswagen to liquidate production in Russia: reports

Volkswagen will announce the liquidation of its production site in Russia this week, according to Russian media reports. “Today or tomorrow, the Volkswagen concern will announce the liquidation of the site in Nizhny Novgorod,” Gazeta.Ru reported on Wednesday, quoting two informed sources, one of them in the Russian office of the German concern. “The official reason is the reduction in the supply of auto components to Russia, as well as the blocki…
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