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VW asks Putin to help with special contracts and sanctions

Automotive Logistics

Russian president Vladimir Putin has placated tension between VW Group and the Russian Ministry of Industry and Trade by promising the carmaker a special investment contract (Spic) and access to additional state support if it goes ahead with plans to increase production in the country.

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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. New ownership is necessary. TDI diesel engine in Nizhniy Novgorod.

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Putin promises to help VW with special contracts and state support

Automotive Logistics

Russian president Vladimir Putin has placated tension between VW Group and the Russian Ministry of Industry and Trade by promising the carmaker a special investment contract (Spic) and access to additional state support if it goes ahead with plans to increase production in the country.

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Trump sanctions leave Gaz exports in doubt

Automotive Logistics

The production and export operations of Gaz Group in Russia remain up in the air, after the US first imposed and then delayed sanctions against its owner Oleg Deripaska this month. Skad exported nearly 40% of its products in 2016. It also assembles Sprinter Classics for Daimler at the plant.

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