Body Russian Volkswagen plan to do on Gas

Body Russian Volkswagen plan to do on GasGorky automobile plant plans to produce body parts for Volkswagen cars of Russian production, according to the newspaper "Vedomosti". This Gas will create a joint venture with the Italian company Magnetto, Minister of investment of the Nizhny Novgorod region Dmitry Svatkovsky.Investment in a joint venture can reach 22 million euros, said Friday the Governor of Nizhny Novgorod region Valery Shantsev. At the same time, the new plant will be able to produce body parts not only for Volkswagen, but also for other Russian factories of foreign automakers. In addition, it is possible to manufacture the JV and body parts for cars Gas.In the Russian subsidiary of Volkswagen does not comment on this information. However, according to the newspaper "Vedomosti", later this month, VW intends to carry out the tender, the winner of which may be the Italian company Magnetto or canadian Magna.Russian Volkswagen plant will start producing cars in Kaluga in 2007. Earlier it was reported that the company signed with the Ministry of economic development of the investment agreement, which provides for a temporary reduction of customs duties on the import of automotive components in Russia. To preserve these benefits Volkswagen needs for several years to significantly increase the localization of production.The ribbon.ru03.07.2006.



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