The Russia-Ukraine crisis can also have serious repercussions on the automobile market. Several companies, in fact, have interests in the state of Vladimir Putin: here are which we are talking about.
In response to the invasion of Ukraine, the European Union, the United States and the United Kingdom take measures to damage Russia ‘s economy and major economic players. Let’s go, therefore, to see which car manufacturers are at risk of paying the most consequences, having interests in Vladimir Putin ‘s country.
The most exposed is Renault , which, since 2012, has controlled over two thirds of AvtoVaz, a company founded in 1966 following the agreement signed between Fiat and the then Soviet Union. Its market power lies in the sales of Lada-branded models, however it also markets and builds Renault, Nissan and Datsun-branded vehicles through two factories, in Togliatti and Izhevsk.
Then look at the activities of the Volkswagen Group . The engine giant manufactures three models (Skoda Rapid, Vw Polo and Tiguan) in Kaluga and has an agreement with Gaz about the assembly of Skoda units in Nizhny Novgorod.
From the Stellantis-Mitsubishi joint venture to BMW
Speaking of Kaluga, about 180 km from the capital, there is also a plant managed by a joint venture started by PSA (now Stellantis) and Mitsubishi in 2008.
Further realities of German origin present in the land of the tsar are, finally, Mercedes and BMW. The Stuttgart-based manufacturer has a plant in the Moscow hinterland, from whose lines various models come out, including the E-Class , but the volumes are still limited, not exceeding 25 thousand units.
Skipped the feared opening of a factory in the Kaliningrad region, in the area the Casa dell’Elica is somehow active in the area, through the Avtotor, delegated to build the 5 Series and the X5, X6 and X7. In addition, the Russian operator also deals with vehicles under the Hyundai and Kia brands.