US sanctions against GAZ Group came into force

American sanctions against the GAZ Group of Oleg Deripaska, the application of which the US Treasury has delayed for 4 years, come into force on May 25th. As a result, any financial transactions with the GAZ Group and its subsidiaries must be terminated. Thus, GAZ will lose access to foreign components, the Kommersant newspaper writes. For example, part of the buses - tourist and intercity - were produced on the Scania chassis (the company suspended deliveries and production in the Russian Federation).

Diesel engines of the American Cummins, which has already suspended its activities in the Russian Federation, were installed on the line of light commercial vehicles. Bosch, which also supplied fuel systems to YaMZ, has suspended deliveries to the Russian Federation for trucks due to possible use for non-civilian purposes. ZF, the gearboxes of which were installed, among other things, on GAZelle, announced the termination of all deliveries to the Russian Federation in March. Meanwhile, earlier GAZ Group announced the localization of a light diesel engine, the production of which is planned at the company's Nizhny Novgorod site. GAZ is also testing its own GMP800 automatic transmission, but it is designed to work in tandem with the YaMZ-534 diesel engine, that is, it is not suitable for LCV yet.

As Igor Morzharetto, partner of the analytical agency AUTOSTAT, notes, according to the development of an automatic transmission, GAZ was preparing for such a development of events. It calls the import substitution of engines the main problem, but in general, the expert has no doubts about the possibility of GAZ to continue the production of vehicles.