Europe’s largest carmaker leaving Russia

Volkswagen is reportedly preparing to sell its business in the country The world’s second largest car manufacturer, Volkswagen Group, has reportedly decided to sell its business in Russia and is actively looking for a buyer, two major Russian media outlets, Vedomosti and Gazeta.ru, reported on Wednesday. Kazakhstan’s Asia Avto has been cited as a potential buyer of the carmaker’s only plant in Russia. According to Gazeta.ru, the factory in the city of Kaluga in Central Russia was also visited by a delegation from Austria. Asia Avto has a license to produce Volkswagen and Skoda cars, Vedomosti writes, adding that V

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