Home Business PSA wants to export Opel cars from Russia

PSA wants to export Opel cars from Russia

Groupe PSA plans to establish export of Opel cars from Russia, said in an interview TASS PSA vice president, managing director of Peugeot, Citroen and Opel brands in Russia Alexey Volodin. According to him, the relevant plans are already in the industrial strategy of the company. In 2015, Opel left Russian market, but in December 2019 the company resumed car sales in Russia.

According to Mr. Volodin, without export plans it is impossible to recoup the investments necessary “to be produced and sold in Russia successfully.” PSA Vice President also said that the company plans to localize production in Russia, but this idea needs to be further developed taking into account the new concept of differentiation of industrial subsidies for scrap collection. “We need to consider the economic feasibility of maintaining the level that was requested,” he explained.

Recall that the government planned to increase the utilization fee rate from January 1 in some cases by more than 120%. In the summer of 2019, some automakers turned to Prime Minister Dmitry Medvedev, trying to protect the existing distribution of industrial subsidies in the amount of about 120 billion rubles. in year. In November, the Ministry of Industry and Trade proposed to abandon the differentiation of payments of industrial subsidies. In December, the head of the ministry Denis Manturov declaredthat the government intends to index the collection in 2021–2022.

Read about how an attempt to link the return of waste collection with localization split the car market, read material “B”.

Read more about the return of Opel to Russia in publications “Kommersant FM”.

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