November 30, 2022

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VW Will Pay Employees At Russian Factory To Quit

2 min read


The Volkswagen Team has available to pay back staff from its Nizhny Novgorod, Russia manufacturing facility if they give up.

The car company provides the Taos at the site, as properly as the Skoda Octavia, Karoq, and Kodiaq. Next Russia’s invasion of Ukraine in late February, VW said manufacturing at the Nizhny Novgorod site and its Kaluga plant would be suspended right until even more discover and that auto exports to Russia would also be halted with speedy influence.

Volkswagen does not essentially have the Nizhny Novgorod plant where the Skoda Octavia, Karoq, and Kodiaq are developed and rather has a contractual agreement with GAZ Team to assemble its types at the web page, Automobile News notes.

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A spokesperson from the German auto producer not long ago declared that roughly 200 suitable workers have been presented fiscal compensation worth 6 months’ wage, moreover medical insurance plan until eventually the stop of 2022, ought to they concur to cease operating at the manufacturing facility.

A amount of other significant organizations have been forced to overhaul of sell their firms in Russia because of to the ongoing invasion of Ukraine. In May possibly, the Renault Team signed an settlement to offer 100 for each cent of its stake in Renault Russia to the city of Moscow. It is also providing its 67.69 for each cent stake in AvtoVAZ to NAMI, Russia’s Central Study and Growth Automobile and Motor Institute. Importantly, the agreement does permit Renault to purchase back again its stake “at particular moments for the duration of the subsequent six years” ought to it choose that it would like to return to the Russian industry.



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