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MOSCOW, May 17 Russia has eased safety standards for cars produced on its territory such as dropping the requirement for airbags after Western sanctions over Ukraine caused a shortage of electronic components and car parts. In a decree signed on May 12, the Russian government announced. ....
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. ....
PARIS, March 24 Renault’s Russian partner Avtovaz will go it alone to build Lada brand cars without foreign car parts, it said today as Russian authorities consider the future of the carmaker’s Moscow plant after it exits the country. Shares in the French carmaker were down 2 per cent in. ....
The announcement comes after Ukraine s President Volodymyr Zelenskiy told French lawmakers on Wednesday that French companies - including Renault - must leave the Russian market. ....