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Volkswagen may purchase a stake in Gaz Group in order to help the carmaker avoid US sanctions, said Russian deputy prime minister Dmitry Kozak, speaking during a press-conference in Moscow on October 19. Volkswagen and Gaz Group were not available for comment.
Speaking at a press conference on April 13, VW’s chairman Herbert Diess said the possible sanctions were a concern and that if sanctions against Gaz were applied, VW would have to review its business relationship with the Russian vehicle-maker. Daimler was not available for comment.
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