Mercedes leaves Russia.  He sold the factory to a dealer.  Chinese cars can be made there

Mercedes leaves Russia. He sold the factory to a dealer. Chinese cars can be made there


Mercedes-Benz It is estimated at the end of 2021 the value of his assets in the Russian Federation at EUR 2 billion. This does not mean that he sold them to the Avtodom dealer. “Automotive expert Vladimir Bespalov has difficulty evaluating the activity, taking into account the current situation on the car market, when property is sold for 1 ruble“- writes” Kommersant “.

A source from the Russian newspaper also believes that even if the transaction is financial, the German company may have problems issuing funds outside the Russian Federation.

The Mercedes plant in the Moscow region produced 25 thousand cars a year. This is a new investment – it was opened in 2019, and its value was 19 billion rubles. In 2021, Mercedes-Benz increased sales in Russia by 11 percent. for a total of 43 thousand cars. In the period from January to September 2022, sales decreased by 73%.

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The Mercedes factory fell into the hands of the Russians

Avtodom Capital Group, selling and servicing luxury cars, became the new owner of the Mercedes factory. Owner and CEO is Andiej Olchowski. “Kommersant” reminds that even before the current crisis, Avtodom spoke loudly about plans for the production of cars. The newspaper suggests that it should be one of the Chinese brands.

Sanctions imposed on Russia after the outbreak of war in Ukraine prohibit the export of vehicles worth more than 50,000 to the Federation. euros from the European Union and all cars from the United States. “Other restrictions also prevent stable supply of components to the Russian Federation” – reminds “Kommersant”.

The Russians have already received, as well. Renault factory. The French carmaker suspended its operations in the Russian Federation on March 24 – a month after the invasion of Ukraine began. The plant to replace “Renault Russia” will open in Moscow in December. The mayor of the capital, Sergei Sobyanin, believes so Moskvichi produced there will win the hearts of citizens.

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