The factory near Moscow is completely owned by Renault. Dacia Sandero, Renaulty Arkana, Capture and Nissan Terrano are produced there, and production has actually stopped. In the plants of Izhevsk and Togliatti, the French have a great deal of stock and, apart from Lady, which is the very best seller on the Russian market, they likewise produce 2 designs of Dacia Sandero and Logan for the domestic market.
The work blockage was not triggered by demonstrations versus Russia’s intrusion of Ukraine, however “required by logistics problems,” Renault reported. Previously, AvtoVAZ reported that the hiatus will last till March 20-21 For the exact same factors, the AvtoVAZa plant in Togliatti was stopped, since there was no electronic devices for assembly.
However, another break has actually not been assigned, this time on March 23-25, although other plants in Izhevsk need to continue to work.
Read more
Renault is among the couple of Western business that have actually chosen to remain in Russia after the European Union and the United States enforced sanctions. The French did it for monetary factors, as the Russian market is the 2nd biggest (by sales volume) for them after the French. As computed by Citibank, they produce 8 percent there. earnings.
Renault’s Japanese partner, Nissan, has actually currently left the Russian market to object the war in Ukraine. And the president of the Alliance Jean-Dominique Senard guaranteed that “the war in Eastern Europe will not avoid Renault from restoring its company, as all the procedures are up and the long-lasting technique goes far beyond the existing circumstance.”
.