Renault is selling its business in Russia, including a controlling stake in Lada, becoming the latest carmaker to exit the country over its assault on Ukraine. In a statement on Monday ...

French carmaker Renault must repay at least RUB112.5bn ($1.3bn) of the money invested in by its Russian partner AvtoVAZ in the joint venture during its absence AvtoVAZ President Maxim Sokolov said ...

Renault says it is suspending its industrial activities in Russia but has not stated whether it will leave the country entirely. The French automaker owns a majority stake in Russia's AvtoVAZ ...

Renault had also owned a controlling interest in Avtovaz, parent company of the popular Russian car brand Lada. In its statement this week, Renault said that controlling interest was sold to the ...

Renault’s announcement came the same day McDonald’s said it is moving to sell its Russian business, which includes 850 restaurants that employ 62,000 people.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Renault is suspending some of its Russian operations indefinitely and is preparing to walk away from its ...

(Reuters) -Renault is to sell its majority stake in carmaker Avtovaz to a Russian science institute reportedly for just one rouble with a six-year option to buy it back, leaving the door open for ...

Feb 25 (Reuters) - Should French carmaker Renault (RENA.PA), opens new tab wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion roubles ...