Renault to sell Russian assets for one ruble

Samizdat | May 2, 2022 French carmaker Renault plans to sell its stake in Russia’s Avtovaz for a symbolic sum of 1 ruble, the Russian Trade Ministry announced on Wednesday. Renault will transfer its 68% stake to the auto research institute NAMI Russia, known for designing the Aurus Senat, the country’s first luxury car, currently […]

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