In an interview with Kommersant, Bu Andersson, who previously headed AvtoVAZ, and then held the post of CEO of Uzauto Motors, shared his vision of the prospects of the Russian car market. He is confident in the interest of Western, Japanese and Korean brands in returning to Russia. The top manager explained this by the fact that “the Russian market is too large to ignore it, especially for a long time.”
According to Andersson, auto -brands will resume work in Russia, but it is difficult to predict the terms of their return. “But the way they return to the Russian automobile market and in what form it will happen is difficult to predict,” he added. Those companies that nevertheless ignore the possibility of doing business in the Russian Federation or will be absent for too long, “lose their positions, losing their more quick competitors,” and not only in the Russian market, but also on the world.
Bu Andersson announced the defeat of AvtoVAZ. And AvtoVAZ answered Bu Andersson, the leading Uzauto Motors, was fined in Uzbekistan Bu Andersson left the post of head of Uzauto Motors
The former head of AvtoVAZ also shared his opinion regarding the automotive industry of the Russian Federation as a whole. He believes that Russian automakers need to start working with “right” products that would correspond to the expectations of the local market. When asked about the production of components, Andersson replied that in Russia there are “responsible companies that supply quality products, but the component base must still be developed.”
Bu Andersson, who headed AvtoVAZ in 2014-2016, worked at Uzauto Motors for the past few years. He held the post of CEO of Uzauto Motors and the Uzauto Motors Powerin unit. Under his leadership, the Uzbekistan car manufacturer attracted investors to launch mass production of cars on the GM GEM platform: Chevrolet Onix sedan and Tracker crossover. At the end of 2024, it became known that Andersson left Uzauto Motors.
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