Volkswagen, BMW and Toyota have idled Russian plants and suspended shipments to the country as part of a broader retreat by global corporate giants. The one automaker with the most to lose, Renault, has remained silent.
The French automaker has lost around a quarter of its market value in the wake of Russia's invasion of Ukraine and ensuing economic sanctions.
Russia is Renault's second-biggest market, and it is paying a heavy price for a $1 billion deal sealed in 2007 with a top ally of Russian President Vladimir Putin.