The head of Volkswagen in Russia: the company will continue production in Russia

MOSCOW, January 15. Volkswagen does not intend to stop manufacture of cars at factories in Nizhny Novgorod and Kaluga, said the General Director of Volkswagen Group Rus Marcus Osegowitsch in an interview with TV channel “Russia 24”.

He predicts the fall of the car market of Russia by 10% this year, reported Bloomberg,

As we learned earlier, the Japanese car company Mitsubishi will stop the production of the Pajero Sport SUV at the plant in Kaluga.

“The weak ruble is a challenge for us. Everyone thought that this nightmare would end last year, but the Russian currency continues to fall,” said Osegowitsch the channel. According to him, Volkswagen intends to discuss with the government formula by the level of localization of production in Russia. “With a new exchange rate we are still localizing the level of capacities”, – said General Director of Volkswagen Group Rus.

“Secondly, we must discuss export: still very expensive to export from Russia, he said. – And third, the state should continue to support the industry.”

According to the Ministry of industry and trade, production of cars in Russia in 2015 has fallen by 24%, the demand by 35%. According to the head of the Ministry Denis Manturov, it is expected that this year production will remain at 2015 anti-Crisis measures to support demand for cars will remain scheduled at the end of last year, volumes are allocated 20 billion roubles for the first half of 2016 the System programs support the automotive industry, registered in the state programs, will be reduced by 10%.