VW considers exporting Russia-built cars as market slumps
HAMBURG (Reuters) -- Volkswagen may possibly export Russian Federation-made automobiles to other states to counter falling sales in the disaster-hit marketplace.
"There are studies inside the Volkswagen Group RUS regarding whether to export automobiles from Kaluga," a VW spokesman said on Wednesday, adding that no decision had yet been considered.
In the initial seven months, revenue of Volkswagen-brand automobiles in Russia fell 44% to 42,525 in market down 3-5% to 913,181, according to information from the Moscow-based Organization of European Company in Russian Federation.
Volkswagen has scaled back production at its plant in Kaluga south of Moscow, which assembles the VW Polo sub compact and Tiguan SUV, along with the Skoda Rapid compact.
It's not clear where the automobiles from Kaluga could even be sold outside Russian Federation. Car companies already are contemplating sending China-assembled automobiles to The United States, where need is higher.
Contact Automotive News
More news from this source:
CAR REVIEWS »
Top 10 Best Chevrolet Models of All Time
9 Unique Ways to Customize Your Car
How to Find the Best Tow Truck Companies
Your Guide to the New Skyactiv-X Engine from Mazda
7 Driving Techniques and Other Tips for Fuel Efficiency
Car Repair at Home: 4 Easy DIY Fixes That Anyone Can Do
The Most Valuable Parts on a Car to Scrap
Shady Car Mechanic Tricks You’ve Never Known Before
How to Diagnose Severe Car Problems (Even When You Don’t Know Anything About Cars)
View All Recent Posts
New Photo Galleries
- More Photos
LATEST CAR REVIEWS