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War in Ukraine: why Renault is throwing in the towel in Russia

Reluctant to part with its juicy Lada, the French manufacturer bent in the face of calls for a boycott. It could sell its share in its subsidiary AvtoVAZ.

War in Ukraine: why Renault throws in the towel in Russia

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The pressure was too strong for the Losange. “The political panorama had become too complicated”, indicates a source. , in a tweet, called for a global boycott of Renault and accused it of being “Putin's war sponsor”, the French group was forced to throw in the towel. In the evening, the manufacturer announced in a press release suspending “from this day” the “activities of the Renault factory in Moscow” and evaluating “the possible options concerning its participation” in its Russian subsidiary AvtoVAZ, which produces the Lada. To date, it is one of the few manufacturers present in Russia to consider

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Teilor Stone
Teilor Stonehttps://thesaxon.org
Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Bobr Times, Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my [email protected] 1-800-268-7116

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