Automakers

Renault is 'making progress' in talks over future of Russian unit AvtoVAZ

Lada Vesta 2019
Production of the Lada Vesta, Russia's best-selling car, at AvtoVAZ's factory in Togliatti, Russia.
April 22, 2022 08:54 AM

PARIS -- Renault Group is "making progress" in negotiating the future of its Russian unit AvtoVAZ, CFO Thierry Pieton said, following the suspension of operations amid the war in Ukraine.

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