General Motors Denies Plans To Bring Chevy Back To Russia
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Rumors suggesting that Chevrolet is planning to return to Russia with several mainstream models has been denied by General Motors, with the automaker rebuffing various media reports.
“The information reported regarding Chevrolet resuming sales of its full range of products in Russia is untrue,” GM said in statement to WardsAuto. “There are no plans to resume sales of our full Chevrolet model lineup in Russia.”
In September, Kazakhstan’s Minister for Investments and Development, Jenis Kasymbek, said that a plant in the country will begin building and exporting Chevrolet cars to Russia by the end of 2016.
General Motors began withdrawing Opel and Chevrolet from Russia in March 2015 while also shuttering its plant in St. Petersburg in the face of Western sanctions. Since then, Opel has entirely ceased to sell new vehicles in the country, and Chevrolet only sells pricey models — the Tahoe, Camaro, and Corvette, all of which sell in extremely low volumes. Since then, other automakers have taken over market share previously held by Chevy and Opel. In particular, the Hyundai, Kia, Skoda, and Volkswagen brands are said to have benefitted the most from GM’s withdrawal.
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