The first model will be Volga C40
As it became known, GAZ is investing tens of billions of rubles in the project to relaunch the Volga brand, as reported by the insider Telegram channel «Avtopotok».
GAZ will invest 60 billion rubles in the new Volga project. This amount takes into account the costs of R&D, organization of production and localization of production of automotive components.
In addition, it was confirmed that the first model of the Volga car brand to be put into mass production will be the Volga C40 sedan.
Previously, two sources confirmed that the Volga C40 D-class sedan is a redesigned Changan Raeton Plus, and the Volga K30 C-class crossover and the Volga K40 D-class crossover are based on the Oshan X5 Plus and Changan UNI-Z. The new Volgas have changed bumpers and radiator grilles.
In addition, it became known that the cars will be sold in former Skoda showrooms.