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Volkswagen Assets Frozen by Russian Court, Driving Stake Into Plans to Back Out of Russia

On Mar. 20, Volkswagen found all of its assets in Russia frozen by a local court in the midst of its intentions to abandon operations in the country.  Severing all ties with Moscow’s businesses, the automobile company’s plans have been jeopardized by the court action. Assets frozen Volkswagen is one of many foreign carmakers ceasing […]


This post first appeared on Vision Times, please read the originial post: here

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Volkswagen Assets Frozen by Russian Court, Driving Stake Into Plans to Back Out of Russia

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