Automakers

Toyota, VW transferred Russian assets without buyback option, report says

VW Kaluga Russia 2022
VW has completed the sale of its Kaluga plant in Russia and its local subsidiaries to a Russian autodealer group.
R
By:
Reuters
June 13, 2023 09:04 AM

Toyota and Volkswagen Group transferred their Russian assets to Russian entities without a buyback option, Russia's RIA state news agency reported.

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