Reuters: US sanctions prevent Volkswagen from buying stake in Russia’s GAZ

MOSCOW – Volkswagen cannot buy a stake in Russian automaker GAZ because the company is under U.S. sanctions and talks on a deal have been suspended, RIA news agency reported on March 6, citing the head of VW’s Russian operations. Read more here.

The post Reuters: US sanctions prevent Volkswagen from buying stake in Russia’s GAZ appeared first on KyivPost.