Renault suspends Moscow plant, adjusts 2022 outlook

6 months ago 29
PARIS (Reuters) -Renault SA, the Western carmaker astir exposed to the Russian market, said connected Wednesday it would suspend operations astatine its works successful Moscow portion it assesses options connected its bulk involvement successful Avtovaz, the country's No. 1 carmaker.

The determination came amid mounting unit implicit the French company's continued beingness successful Russia since the state invaded Ukraine. Ukraine's overseas minister, Dmytro Kuleba, has called for a planetary boycott of Renault (PA:).

"Renault Group reminds that it already implements the indispensable measures to comply with planetary sanctions," the institution said successful Wednesday's statement, its archetypal connected the contented since the commencement of the war. The connection made nary menti...

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