Renault Group Suspends Industrial Operations in Russia As of Today, Adjusts Outlook

Renault has decided to suspend its industrial activities in Russia. The decision was made after a meeting of the company’s board of directors, which approved several items on the agenda. As some of you may be aware, the French marque has a stake in AVTOVAZ, which made stopping everything in that country difficult. As a result, the French company has decided that its best bet is to suspend (continue reading...)