MOSCOW – Volkswagen cannot buy a stake in Russian automaker GAZ because the company is under U.S. sanctions and talks on a deal have been suspended, RIA news agency reported on March 6, citing the head of VW’s Russian operations.
Reuters: US sanctions prevent Volkswagen from buying stake in Russia’s GAZ
A VW logo is displayed during the Volkswagen press conference on March 5, 2019 during a press day ahead of the Geneva International Motor Show in Geneva.
