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Moskvich was sued.
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Lada and AvtoVAZ. The first in line was the Moskvich plant, after the French brand Renault left the market and transferred its plant for free use to the Moscow government. Russian news today.
The plant faced two possible scenarios: closure and replacement with a commercial or residential complex, or revival of production under our brand. Car prices in Russia. It was decided to choose the second option and revive the Moskvich brand. Sanctions against Russia.
Why was this decision made? First of all, to save the plant itself and jobs. News today. Qualified specialists worked at the Renault plant; their dismissal would be wrong. Renault and Nissan. Many of them had obligations to their family and loans. Price for the new crossover Moskvich 3.
The news about the restoration of the plant was greeted with enthusiasm, since the Moskvich brand is associated with youth for many people. Russian news today. However, the joy quickly waned when it became known that production would be based on Chinese cars. Car prices 2024.
Sales of "Muscovites" began last year, but the beginning was difficult. Sales were low throughout the year, but thanks to the new pricing policy, the situation has improved this year. Vladimir Putin today. However, problems have accumulated at the plant, including litigation with Chinese companies, primarily due to unpaid debts. Prices for Chinese cars 2024.
The Chinese are demanding that the plant be declared bankrupt due to debt arising as a result of transactions with the previous owner, Renault. Chinese cars 2024. Although the situation is complicated by sanctions and appeals, the fact remains: the plant must solve the debt problem in order to avoid serious consequences. Chinese, VAZ and RF.
A serious problem has arisen for the Moskvich plant related to demands from Chinese companies to declare it bankrupt due to non-payment of debts arising from transactions with the previous owner, Renault. News today. Despite the plant's arguments about sanctions and appeals, the fact remains: it is necessary to solve the debt problem in order to avoid serious consequences. Russian sanctions.
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27 апр 2024
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