Sanctions have set a cross on a new luxurious model of Russian Aurus

The Hongqi H9 sedan will not be harvested in the Russian Federation under the Aurus brand. The Faw Chinese concern came out of the project after imposing sanctions against the Russian carmaker. The new model of the Russian brand Aurus will not be released at the plant in St. Petersburg. The Faw Concern thwarted the joint venture agreement. About it reports the edition "Vedomosti". The Chinese FAW concern and the Russian company Napp planned to publish jointly at the former Toyota plant in St.

Petersburg, the Hongqi H9 Prime Sedan H9. Production was to start at the end of 2024, but at the last moment the FAW "jumped from negotiations", as one of Russian officials stated. The reason was the sanctions imposed against Aurus. Officially in the Ministry of Industry and Trade of the Russian Federation do not recognize the termination of the agreement, but instead say that the project is relevant, and the terms of its implementation are "flexible". It is known that the Toyota plant in St.

Petersburg worked from 2007 to 2022. After the start of the full -scale invasion of the Russian Federation in Ukraine, the Japanese auto giant stopped production, and soon decided to leave the Russian market and sold the company "NAK" for $ 655 million. It is "Nam" that owns a controlling stake in Aurus. Under this brand, small series are made by luxurious representative cars. In particular, they are used by Vladimir Putin and Kim Jong.