Evgeny Solovyov, auto expert and auto blogger, reflects on the reasons for this situation. He notes that this is not a new story, and since 2022 there have already been many similar cases when Western manufacturers left the Russian car market.
In most cases, it is difficult to understand whether the sale is a formal change of ownership to get the company out from under sanctions pressure, or a real sale of the business, or a situation when the business has become unprofitable and unprofitable, he told aif.ru.
However, Solovyov said that in any case, the domestic authorities have already worked out mechanisms to respond to such behavior of foreign companies, and carmakers will not be left without airbags. This is the most important thing for end buyers of cars.
Maria Ermilova, associate professor of the Department of Sustainable Development Finance at Plekhanov Russian Economic University, notes that the main buyer of JSS was the domestic AvtoVAZ. By now, it has bought out more than 70% of its production and thus secured itself for a certain period of time.
According to Ermilova, there are several variants of the situation development. On the one hand, own production can be established. In this case, the potential buyer of the plant in Ulyanovsk - MGC Group - may become this manufacturer. Or there will be an alternative supplier, for example, Chinese manufacturers.
In any case, the domestic automobile industry will not be left without safety systems.