Do you know Volga cars? Do you know they are still in production?

Volga is a very famous car brand in Russia. It inherits the durability and strength of Russian cars and has become one of the few self-produced mid-range cars in Russia so far. For a long time, "Volga" brand cars are almost the standard official vehicles of middle-level officials in the Soviet Union, and they are also exported to many countries in the world. But times have changed. With the influx of foreign automobile brands and the stagnation of domestic automobile production capacity in Russia, "Volga" cars appear more in the memory of Russians than on the road. Due to the small production, a brand-new "Volga" car costs more than 1 1,000 dollars. At the same price, you can buy European and American used cars with quite good quality in Russia. Oleg Jerbasque, the head of Gass Group, has pointed out more than once that many models of old Volga cars will gradually withdraw from the production sequence due to insufficient profits of Volga cars. Now, the way out has been found: Jerry Basque announced that the new Volga car with Chrysler engine in the United States will be off the assembly line in 2007. In mid-April, "Gass" Group Company signed an agreement with Daimler-Chrysler Company to purchase all welding assembly production equipment in its Michigan factory, and then signed a long-term contract for importing engines, and obtained production licenses from Chrysler Sebring and Dorje Stratus. It is possible to buy all the equipment of the factory to Russia in the future. According to Russian managers, the total cost of the project is about $65.438+0.5 billion. Jerry Basque had previously contacted Fiat of Italy and Nissan of Japan, but the negotiations failed to reach an agreement. Finally, "Gass" finally made a positive result with Chrysler. According to experts' analysis, the acquisition of American factories by Gass Group is its only solution to stay in the field of light vehicles. Perhaps "Volga" brand cars can't make much profit in the short term, but the continuation of this famous brand is the victory of Russian automobile industry.