Japanese carmaker leaving Russia

Nov 11th 2022 3:48am EST

Mazda will transfer its stake to a joint venture partner Japanese carmaker Mazda is winding down its business in Russia, the company announced in its financial report on Thursday. “The Company has decided to transfer all of its equity interest in Mazda Sollers Manufacturing Rus [MSMR], an automobile manufacturing and sales company in Vladivostok, Russia, […]

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