Renault AvtoVaz sells its shares for 20 cents

After Russia’s invasion of Ukraine, many European manufacturers withdrawal from Russia took the decision. Long time operating in Russia Renault is one of these brands. The French manufacturer, which is one of the most active automotive companies in Russia, a remarkable decision still signed.

its activities in Russia suspension decision Renault also surpasses the companies operating in this country in which it owns majority shares. Minister of Industry and Trade of Russia According to Denis Manturov’s statement, Renault AvtoVaz will transfer its shares.


Renault has its eye on EV: it will sell Nissan!

Renault plans to put its Nissan shares up for sale. Renault, who wanted to invest in electric cars, gave up on Nissan.

Renault gives up AvtoVaz shares!

The French automaker said in a statement. Lada its shares in AvtoVAZ, which produces models Russian Automotive Research Institute He stated that he would hand over to NAMI. NAMI, as of today 1 ruble He will take over 68 percent of Renault in exchange for 20 cents.

Russian Minister Manturov stated that Renault has the right to return within 5 or 6 years, but for this, French production Much more than 1 Ruble He underlined that he will have to pay. In addition to the share transfer, it produces both Renault and Nissan branded cars in Moscow. Renault factory in to the Russian government being released.

with more than 100 years of history NAMIstands out as the country’s leading scientific organization in the field of development of the automotive industry. The organization that designed and developed many automobiles in the past is the one that Putin currently uses. Aurus Senat He is also responsible for the production of the limousine model.

So what do you think about Renault’s decision to transfer AvtoVaz shares for a symbolic figure? Give your feedback in the comments section or SDN ForumYou can share it with us on m.

source site-30