MOSCOW -- Nissan will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said, taking a loss of around 100 billion yen ($687 million). The decision marks the latest costly exit from the country by a global company.
MOSCOW -- Nissan will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said, taking a loss of around 100 billion yen ($687 million). The decision marks the latest costly exit from the country by a global company.
Stellantis design chief Ralph Gilles said the diminished brand is “ripe for a new chapter.”