Leaving Russia: Volkswagen Group with a decisive decision

Moscow: Volkswagen Group, the international car manufacturer, has made a decisive decision to withdraw from the Russian market. The Russian Times published a news like this.

Volkswagen Group is the second largest car manufacturer in the world. They have decided to sell their franchise in Russia. It is also mentioned in the news that the process is being delayed due to not being able to find the right industrialists to buy. Volkswagen Group also has a huge plant to produce its own vehicles in Russia.

Volkswagen is leaving the country to protest Russia’s invasion of Ukraine. Many global corporate giants such as McDonald’s, Microsoft, Coca-Cola and Visa have already left Russia.