Russia takes over Renault factory to bring Soviet-era old banger back to life - The Telegraph

Moscow to re-open car plant and revive the Moskvitch marque in first major case of nationalisation of Western assets since start of the war

Renault said on Monday that its board of directors had approved the sale of Renault Russia to the city of Moscow, and a controlling stake in another major Russian carmaker, Avtovaz, to a state-owned … [+693 chars]

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