article thumbnail

Gaz could be sold to VW to avoid US sanctions

Automotive Logistics

The US Treasury has postponed the introduction of the restrictions on the company several times since April, and following the recent meeting between Kozak and Huntsman, the date was pushed back from October 23, 2018 to December 12, 2018. The post Gaz could be sold to VW to avoid US sanctions appeared first on Automotive Logistics.

article thumbnail

US considers lifting sanctions against Gaz

Automotive Logistics

The US is planning to lift sanctions imposed on companies owned or controlled by Russian billionaire Oleg Deripaska and has once again postponed the introduction of sanctions against the Russian carmaker Gaz Group, in which Deripaska has a controlling interest.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

VW asks Putin to help with special contracts and sanctions

Automotive Logistics

At a meeting with Herbert Diess, general director of VW in Moscow on April 12, Putin said the Russian government was “grateful” for the investments and the increasing localisation, and as a consequence it could count on state support in future. VW has already invested $2 billion in production capacities in Russia.

article thumbnail

Putin promises to help VW with special contracts and state support

Automotive Logistics

At a meeting with Herbert Diess, general director of VW in Moscow on April 12, Putin said the Russian government was grateful for the investments and the increasing localisation, and as a consequence it could count on state support in future. VW has already invested $2 billion in production capacities in Russia.

article thumbnail

Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics. Is Your Fleet Routing the Best It Can Be?