The winds of war fueled by Russia and Ukraine could also have a strong impact on the business processes of several automotive groups. Volkswagen, Renault e Stellantis are among those that would be most exposed to any sanctions that could be applied to the Moscow government: all three groups are particularly active in Russia, so in the event that the United States, Europe and Great Britain decide to go with a heavy hand against the Kremlin their business could turn negatively.
Speaking to Autonews, a spokesperson for Stellantis admitted his concern in view of future scenarios. “Let’s monitor the situation closelywe have no other comments at the moment “, the two words. We recall that Stellantis operates a plant in Kaluga, which has become the center of the Russian automotive industry. And it is not the only one: Volkswagen also operates in the city of central European Russia, thanks to a plant opened in 2007 and to which investments of more than 1.1 billion dollars have been earmarked. Who could suffer the most from the sanctions, however, is Renault, which of the three groups is certainly the most active in Russia: Losanga would certainly be the most exposed due to the controlling stake in AvtoVAZ and its leadership on the local market. In short, the situation it is far from rosy: sanctions loom, car manufacturers are shaking.
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