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Car plants of companies leaving Russia will not stand idle

Denis Manturov, the head of the Ministry of Industry and Trade, appointed today as Deputy Prime Minister, during his speech in the State Duma said that automakers from friendly countries will be able to localize their products at the vacated capacities in partnership with Russian manufacturers.

“In the automotive industry, instead of leaving global automakers, we offer large players from friendly countries to localize in partnership with Russian companies. Given the problems with individual components for domestic brands, this year and at the beginning of next year we will still produce simplified versions before the production of our own missing components, ”he said. Apparently, we are talking about manufacturers of cars and components for them from China.

According to the minister, the creation of a domestic component base will be supported through a special program of the Industrial Development Fund.

Car plants of companies leaving Russia will not stand idle