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Sanctions Send Russia s Car Industry Back to the 80s, New Cars Now Without Airbags and ABS

A shortage of electronic components, together with stringent Western sanctions have sent Russia’s automotive industry back to the late 80s, with lo.

Renault hands Russian assets to Moscow in nationalisation first | Money

MOSCOW, May 16 French automaker Renault has handed over its Russian assets to the Russian government, both parties announced today, marking the first major nationalisation since the onset of sanctions over Moscow’s military campaign in Ukraine. Renault controlled 68 per cent of AvtoVAZ, the.

Renault hands Russian assets to Moscow in first nationalisation since war started

French automaker Renault has handed over its Russian assets to the Russian government, both parties announced Monday, marking the first major nationalisation since the onset of sanctions over Moscow's military campaign in Ukraine.

French car company Renault sells Russian assets, closes Moscow operation

French car maker Renault has sold its Russian assets to the Moscow government, the two parties announced on Monday, as foreign companies leave Russia because of Vladimir Putin's ongoing military campaign…

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