Part of this comes down to VW’s ownership of its two Russian plants. The German automaker owns its Kaluga plant outright, but it doesn’t own the Nizhny plant. Instead, the automaker has a contractual agreement with the plant’s owner, GAZ Group. GAZ is a Russian automotive conglomerate, which calls Nizhny Novgorod it’s home.
Across Russia, the group owns 18 manufacturing facilities. The group is also the leading manufacturer of commercial vehicles in Russia. The GAZ Group has been sanctioned by the US Government since 2018, long before Russia’s recent invasion of Ukraine.
As a result of the VW plant closures in Russia, the Volkswagen Group has had to make other plans. CEO Herbert Deiss has previously said that VW’s American and Chinese production plants will have to pick up the slack left by the closure of its Russian facilities.
Help us to become independent in PANDEMIC COVID-19. Contribute to diligent Authors.
The post Volkswagen Is Paying Russian Workers To Quit Their Jobs appeared first on WorldNewsEra.