in a response to Russia’s unprovoked invasion of Ukraine, under a different brand. VW will continue to supply components and spare parts to Russia as well as provide engineering services and thus keep benefiting from the Russian market. The production sites will be managed by Russia’s automaker GAZ Group owned by Wolf’s long-time Russian business partner Oleg Deripaska (currently under EU, US and UK sanctions). In 2010-2019 Siegfried Wolf himself chaired the board of GAZ Group and according to some media reports had a minority stake in the company.
https://www.neweurope.eu/article/ex-magna-ceo-could-take-control-of-volkswagens-assets-in-russia/