Moscow Mayor Sergei Sobyanin said that the Moskvich car brand will be produced on the basis of the Renault car plant in Moscow (Russia). In the first stage will produce gasoline-powered cars, then in the future will produce electric cars.
Mr. Sergei Sobyanin explained that the decision to revive the Moskvich car brand was because he did not want thousands of workers to be unemployed after the French automaker Renault decided to leave Russia.
The Moskvich car brand will be produced on the basis of the Renault car plant in Moscow (Russia).
On May 16, Renault announced that it had transferred its assets in Russia to the Russian government. The move marks the first nationalization of large foreign corporate assets in Russia since the West imposed sanctions after Russian President Vladimir Putin decided to launch a special military operation in Ukraine. .
After Russia launched a special military operation in Ukraine from February 24, car manufacturer Renault faced difficulties due to a lack of components because of Western sanctions. That, combined with pressure from many sides, caused Renault to announce its departure from the Russian market.
Moskvich is a famous car brand from the Soviet era because of its durability and affordable prices. The car was produced in 1946 and in the 60s and 70s of the 20th century was the flourishing period of the Moskvich brand when the company exported cars to many countries around the world. After the collapse of the Soviet Union, customer demand dwindled and in 2001, Moskvich stopped production and in 2006 declared bankruptcy.
at Blogtuan.info – Source: autopro.com.vn – Read the original article here
