Overall, Russia's industrial production index—a monthly economic indicator measuring real output in the manufacturing, mining ...

Russia's economy is weathering sanctions over the war in Ukraine, but tough times may be ahead, according to an assessment ...

Corporations from British energy giants Shell and BP to French carmaker Renault have pulled out of Russia, taking a hit to their bottom lines as they seek to sell their holdings there. Yum Brands ...

"I would like to ask the government to tell us in detail what swift measures it is taking to support the auto industry and ...

The company was privatised in the 1990s, and since 2016 has been a subsidiary of the French car manufacturer, Renault. Earlier this month, it was reacquired by Russia’s government via a state ...

French automaker Renault has been more exposed to the Russian market than any of its competitors. Renault commands a huge presence in Russia, with the country being the company’s second-biggest ...

Avtovaz was owned by Renault until May when it returned the ownership to the Russian government in protest against the Ukraine invasion. The French carmaker could not be reached for comment.

Russia's government nationalized Lada parent company AvtoVAZ earlier in 2022, in the wake of its invasion of Ukraine, after buying the 68% stake held by Paris-based Renault. The deal reportedly ...

For instance, the city of Moscow and a Russian state-backed group took over French carmaker Renault's operations in the country for the nominal sum of 2 rubles (3.5 cents.) They plan to revive a ...

A year earlier, sales were six times greater. Top western carmakers led by Renault (RENA.PA) either suspended operations or left Russia since sanctions took effect. The country's car industry ...

Nissan Motor Co on Thursday gave some details of its two-decade-old alliance agreement with top shareholder Renault SA for ...