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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

The Volkswagen Group and GAZ Group have extended their manufacturing agreement for Volkswagen and ŠKODA models in Russia until 2025. Volkswagen Truck & Bus has a comprehensive portfolio of technologies as well as an extensive international sales network. Petersburg and other major cities in Russia as well as some export markets.

Russia 186
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Opinion: Is Russia Plotting To Bring Down OPEC?

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Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

Russia 150
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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

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billion) was substantially higher than the prior-year figure (up 14%); the operating return on sales rose to 6.7% (6.0%). In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 billion (US$15.4

2016 150
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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

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Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK. In September 2019, Hyundai and Kia also invested in IONITY, Europe’s largest high-power electric vehicle charging network, and set the stage for sales expansion of EVs within Europe.

Kia 259
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Volkswagen Passenger Cars grows January deliveries by 4.8% to 515,700 vehicles; 52% to China

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increase in sales year-to-year there. The results marked the first time Volkswagen Passenger Cars has started the year with deliveries in excess of half a million, said Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand. to 126,200 (116,900) units.

China 218
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Volkswagen Passenger Cars brand delivers almost 2M vehicles globally in period to April; 46% to China

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The company handed over 45,800 (49,500; -7.4%) vehicles to customers in Russia during the same period. —Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand. However, the global market is still a mixed bag and therefore remains challenging.

China 225
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Volkswagen Passenger Cars delivers more than 3M vehicles in first half year for first time

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— Christian Klingler, Board Member for Sales and Marketing for the Volkswagen Group and the Volkswagen Passenger Cars brand. 67,400 (77,300; -12.8%) units were handed over to customers in Russia. The Golf in particular continues to be a bestseller—not only as a classic Golf, but also in the Variant or Sportsvan versions.