A Russian courtroom has fined German automotive agency Volkswagen 16.9 billion rubles (about $191.5 million) in a lawsuit introduced by Russian agency GAZ.
A courtroom within the Nizhny Novgorod province dominated on Tuesday that Volkswagen had brought about materials harm to GAZ.
GAZ accused Volkswagen of failing to meet its obligations for manufacturing and elements deliveries underneath ongoing contracts and unilaterally terminating some others.
Amid Western nations’ sanctions on Russia and discouraging doing business with Moscow over the continued battle on Ukraine, Volkswagen introduced its withdrawal from the nation in May 2023 and promoting its belongings in Russia to an area agency
Russian Trade Minister Anton Alihanov introduced on Monday that mass automobile manufacturing had began at Volkswagen’s former plant in Kaluga.
Source: www.anews.com.tr