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Asia Auto

Company

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The parent enterprise is an automobile assembly plant located in the capital of East Kazakhstan, the city of Ust-Kamenogorsk. As of November 2019, the company has branches in all major cities of Kazakhstan.

History

2022: Discussion on the purchase of Volkswagen's Kaluga plant

In July 2022, it became known that Volkswagen could sell its plant in Kaluga to Asia Auto from Kazakhstan. The presence of a license for the production of Volkswagen and Skoda cars will allow the new owners to completely preserve production in Russia, and the German concern to withdraw from direct ownership of the asset in order to avoid sanctions from the United States and the European Union imposed after the start of Russia's special operation in Ukraine.