Page 97 - RusRPTJun20

Russian car market will fall by 3.5% to 1.57mn cars. However, the absence of their influence is unlikely, PwC emphasized. According to the previously announced forecast of Boston Consulting Group, sales of new cars and LCVs (light commercial vehicles) in Russia in 2020 in a pessimistic scenario may fall to 50% due to the coronavirus pandemic, with an optimistic one - by 20%.
The plant of Volkswagen Group Rus in the Kaluga Region plans to fire about 300 employees by September ​due to the pandemic, the Labour and Social Policies Ministry of the region said in a statement late on Wednesday. "The employer plans to introduce a four-day workweek by starting dead time Fridays each week. The employer is in negotiations with the workers on termination of labour contracts on mutual agreement with compensation payments," the statement read. According to the ministry, 92 workers have already signed termination with compensation of six average wages.
97​ RUSSIA Country Report​ June 2020 ​ ​www.intellinews.com