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US considers lifting sanctions against Gaz

Automotive Logistics

The US is planning to lift sanctions imposed on companies owned or controlled by Russian billionaire Oleg Deripaska and has once again postponed the introduction of sanctions against the Russian carmaker Gaz Group, in which Deripaska has a controlling interest.

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Trump sanctions leave Gaz exports in doubt

Automotive Logistics

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. It also assembles Sprinter Classics for Daimler at the plant.

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