Renault to sell Russian assets for one ruble – officials

May 2nd 2022 4:56am EDT

The French automaker will reportedly transfer its Avtovaz shares to the research institute behind Russia’s first luxury car French carmaker Renault plans to sell its stake in Russia’s Avtovaz for a symbolic sum of 1 ruble, the Russian Trade Ministry announced on Wednesday. Renault will transfer its 68% stake to the auto research institute NAMI […]

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