Should French carmaker Renault wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at ...

Sokolov says that Renault had been investing roughly 20-22 billion rubles (~$226-249 million) into AvtoVAZ annually before it ...

Swedish auto supplier Autoliv has sold its Russian business to local automotive group Avtodom, which has already snapped up German carmaker Mercedes-Benz's former plant in the country, Russian ...

As the Kremlin cultivates closer ties with the Trump administration, Russian authorities — along with pro-government media ...

The exit of foreign businesses from Russia created domestic winners, some of which picked up abandoned assets at fire sale ...

Russian automaker AVTOVAZ has stated that Renault will need to compensate up to $1.3 billion if it wishes to re-enter the Russian market and regain i ...

French automaker Renault would need to reinvest 112.5 billion rubles ($1.29 billion) to regain its former Russian assets, the ...

The Russian car market, including passenger cars, light commercial vehicles, trucks and buses, grew 7% year-on-year to 102,500 vehicles in January. The Industry and Trade Ministry previously presented ...

President Donald Trump's special envoy Steve Witkoff said on Sunday that there would be an expectation that U.S. firms may do ...

Canada is at an economic crossroads. The FP Economy: Trade Wars newsletter brings you the latest developments. Unlimited ...

MOSCOW, February 25. /TASS/. To return to the Russian market Renault will have to reimburse at least 112.5 bln rubles ($1.3 bln) that were invested in the development of the AvtoVAZ car company during ...