According to the president of AvtoVAZ Maxim Sokolov, the Renault Group, which has cooperated with the domestic auto giant since 2005 and broke relations after the events of February 2022, can return to Russia. In an interview with RBC at the Eastern Economic Forum, Sokolov said he is not ruling out such a possibility, because leaving Russia is not profitable from a business point of view.
Which company voluntarily gives up half of its income? So, of course, we see that there is a certain pressure. And of course, business will regret leaving Russia, including manufacturers of both auto parts and cars,” Sokolov said.
He noted that it was AVTOVAZ that brought in half of the French concern’s profits in 2021. Recall that the signing of agreements on the transfer of Russian assets from Renault Group to the Russian Federation and the Moscow government took place in May 2022, and that the agreement provides an option for Renault to withdraw its stake in AVTOVAZ over the next six years. to buy .
- Now, interaction with the French at AVTOVAZ has been reduced to virtually zero – in particular, the Russian factory has refused to resume production of the Lada XRAY hatchback co-developed with Renault.
- “Behind the wheel” can be read in Odnoklassniki.