Automaker takes major financial hit from quitting Russia
Jul 29th 2022 5:42am EDT
Renault took an over $2 billion writedown on the withdrawal French automaker Renault estimates it lost €2.3 billion ($2.34 billion) in the first half of this year as a result of pulling out of Russia, its second-biggest market, the company said in its financial report published on Friday. “The result of discontinued operations represents a […]
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