Renault resumes car production in Moscow as rivals cut ties with Russia

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Carmaker’s move backed by French government as Nestlé also comes under pressure to withdraw business

While the Moscow plant has restarted, Avtovaz said on Monday it was partially halting production this week at a huge plant in Tolyatti, a city on the Volga river, and another in Izhevsk, a city 500km to the north-east. The halt was caused by shortages of electronic parts, Avtovaz said.used in everything from car radios to windscreen wipers, and Russian factories are likely to fall further down the queue as its economic isolation deepens.

Authentic Brands, the owner of the Reebok sportswear brand, on Monday said it was “taking the necessary steps to immediately suspend operations” of its stores and website in the country.have come under increasing pressure to halt business there, including the Swiss food and drink group Nestlé.

Some prominent US and UK retail brands are still operating in Russia because they have been unable to force independent franchise operators to close down.with its brand because its former Russian partner had refused to shut down. Other companies in similar situations include the UK retailer Marks & Spencer and the hotel groups Accor and Marriott.

Source: News Formal (newsformal.com)

 

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WTF.

So this should mean a world wide ban on Renault cars if the West had any integrity.

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