Sanctions may also prevent the assembly of Chery Tiggo 7 Pro crossovers at the former Nissan plant, owned by NAMI
Last week, the United States imposed sanctions against a number of companies in the Russian automotive industry, including NAMI and Aurus. But, according to Sergei Tsyganov, author and presenter of the Telegram channel «Russian Automobile», NAMI and Aurus, without waiting for sanctions, registered in advance an independent legal entity JSC «Avtozavod "North Star"& ;raquo; — it will be the one who will produce the «Russian Camry».
«More and more information appears that at the Toyota plant In St. Petersburg they plan to produce cars from the FAW (Hongqi) concern. But FAW has already bucked once against a Russian partner that came under sanctions (VAZ). So, even a complete renaming of the former Nissan plant and the change of its founder did not help. And now not only Aurus, NAMI and AvtoVAZ are under sanctions; restrictions have even affected Shushary-Avto LLC. (this is the base legal entity of the Russian automobile plant "Toyota"). Apparently, now all assets will be transferred to Severnaya Zvezda, and the sanctioned legal entities will be liquidated or simply stop conducting all activities on their behalf», — explained Sergey Tsyganov.
The head of the Ministry of Industry and Trade Denis Manturov previously announced that they are planning to assemble more affordable Aurus cars in Russia. And Sergei Tsyganov published details about this project. The assembly of the new Aurus will start at the former Toyota plant in St. Petersburg. As for the former Nissan plant, they now produce Chery Tiggo 7 Pro crossovers under the XCITE brand. However, American sanctions could prevent the implementation of this project, because now the shares of the enterprise (it calls it «Avtozavod St. Petersburg») have been transferred to US. It is possible that the Chery assembly project in Russia will now be supervised by the «Avtozavod "Northern Star"».