Renault suspends Russia business, lowers outlook

Renault Moscow plant — Renault's Avtoframos plant near Moscow, which builds the Renault Duster, Kaptur and Arkana models, and the Nissan Terrano. (BLOOMBERG)

By:

Reuters

March 23, 2022 05:38 PM

PARIS -- Renault said it would suspend operations at its plant in Moscow while it assesses options on its majority stake in AvtoVAZ, the country's No. 1 automaker.

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