Tue, 21-Oct-2025

Moscow acquires Russian assets of France’s Renault

Renault

Both parties stated on Monday that Renault has ceded its Russian assets to the Russian government, as international corporations flee the country amid Moscow’s military campaign in Ukraine. Renault had 68 percent of AvtoVAZ, Russia’s largest carmaker with the country’s most popular brand, Lada, but was under pressure to leave the country following Russia’s military … Read more