Russian car dealers want to sue Renault

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RTDS and BN-Motors, the first domestic dealer holding, filed a lawsuit in arbitration courts against Renault after the French company withdrew from the Russian market in 2022. In this respect report “Vedomosti”.

It is noted that the total amount of claims is still relatively small and amounts to 760 million rubles.

Renault suspended its operations in Russia in March 2022. In the second half of May, the Ministry of Industry and Trade announced that the assets of the Renault group in Russia became state property. The securities of the Renault Russia plant were acquired by the city of Moscow, Renault’s stake in AvtoVAZ was transferred to the NAMI Institute (under the Ministry of Industry and Trade). The head of the Ministry of Industry and Trade, Denis Manturov, said that the transfer of the automaker’s assets to the state was formalized as an “agreement for the ruble” with the right to buy back.

Renault’s net loss resulting from the suspension of its operations in Russia amounted to 2.3 billion Euros.

Car dealers from Russia in May 2023 asked The French automobile manufacturing company will compensate for losses in the amount of 8.5 billion rubles. due to the departure of the brand from the Russian market. The Russian Association of Automobile Dealers (ROAD) sent a letter on the issue to the president of the automaker, Jean-Dominique Senard.

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