Which brands are included in Renault:
Renault, Dacia, Renault Samsung Motors, Alpine and LADA
What Renault makes:
Releases cars, trucks and sports cars. The headquarters is located in Boulogne-Billancourt.
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Has Renault left the Russian market? March 16, 2022 - economic truth:
"Despite harsh technological sanctions and a shortage of spare parts, some automakers are ready to continue operating in Russia. Including - Renault (France), Hyundai (Korea), Kia Motors (Korea), Mitsubishi (Japan) and Nissan (Japan).
Renault, Mitsubishi, Hyundai and Kia together pay $2.5 billion in taxes.
The greatest attention is focused on Renault, which has stopped its plants, but continues to cooperate with AvtoVAZ. The French concern owns 66% of the Russian auto giant and does not intend to go out of business yet.
According to experts Motor.ruIf the French owner decides to leave the Russian car industry, AvtoVAZ plants will be able to assemble only two models: Niva Legend and Niva Travel.
Source
May 10, 2022 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status according to the analysis: suspend operations in Russia
Source
February 16, 2023 - KSE Institute:
Sale of the company - Russia; transferred the Moscow factory to the city authorities and a partner for the production of local brands:
"03.06.2022: The full name has been changed from CLOSED JOINT STOCK COMPANY "RENO RUSSIA" to JOINT STOCK COMPANY "MOSKIVSKY AUTOMOBILE PLANT "MOSKVICH". Russian car dealers are suing Renault over the exit of the concern from the market."
Source
March 20, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status according to the analysis: to hand over the Moscow plant to the city authorities and a partner in the production of local brands; suspend activities in Russia
Source
August 15, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status according to the analysis: sold Renault Russia
Source
Brands: Renault, Dacia, Renault Samsung Motors, Alpine and LADA
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