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2 clusters · 4 sources · 1 days · First seen 15 days ago · Last updated 14 days ago

Revival of Volga brand in Russian automotive industry

Overview

During a visit to the Gorki Automotive Plant in Nizhny Novgorod, Russian President Vladimir Putin tested the new Volga K50, a D-class crossover intended to revive the historic Soviet automotive brand. Putin described the vehicle as “comfortable and quiet” and noted that it “drives very well.”

The Volga K50 is a licensed rebranding of the Chinese Geely Monjaro SUV, assembled at a facility formerly operated by Volkswagen. This development underscores the growing dominance of Chinese manufacturers, such as Geely, Chery, and Great Wall Motor, within the Russian market.

Regarding industry trends, Putin suggested that hybrid vehicles and natural gas are promising directions for the future, noting that European experts are re-evaluating heavy investments in purely electric transport.

Entities

Vladimir Putin · Geely · Nizhny Novgorod · Gorki Automotive Plant · Great Wall Motor Co.

Timeline

14 days ago

[BUSINESS] 2 sources
Vladimir Putin tests new Russian SUV designed with Chinese technology
Vladimir Putin test-drove a new Russian-branded SUV at the Gorki Automotive Plant that utilizes Chinese technology, specifically the Geely Monjaro, reflecting China's growing role in Russia's auto market.
15 days ago

[BUSINESS] 2 sources
Vladimir Putin tests new Volga K50 crossover in Nizhny Novgorod
President Vladimir Putin tested the new Volga K50 crossover in Nizhny Novgorod, praising its comfort and suggesting that hybrid vehicles and natural gas represent the future of transport.

Sources

adevarul.ro · banjaluka.net · lat.sputnikportal.rs · news.yam.md