Renault will transfer its 68 percent stake in Russia's biggest carmaker, AvtoVAZ, to an auto research institute for one symbolic rouble, Russia said on Wednesday, the latest example of local institutions snapping up bargains as Western companies flee.
R
By:
Reuters
April 26, 2022 09:33 PM
Featured Stories
Nissan goes full throttle on retail sales with revamped dealer compensation plan
The Japanese automaker will ditch about 20 performance-based metrics for a singular metric: new-car sales. The Nissan One program, which launches June 3, ties dealer variable margin to achieving retail volume goals.
Latest News
Staying current is easy with newsletters delivered straight to your inbox.
See More in Automakers
Staying current is easy with newsletters delivered straight to your inbox.
