“The situation with the supply of components is unstable, so we prefer not to make any forecasts. Renault’s Moscow plant resumed production on March 21,” the company told TASS.
In February, the French company’s CEO, Luca de Meo, said in an interview with the Financial Times that its factories in Russia may face supply problems due to the situation around Ukraine.
Renault suspended operations at its car assembly plant in Moscow at the end of February, as it was due to “a forced change in existing supply chains”.
But unlike other foreign car companies, there is no political demarche, according to foreign media, the French are trying to stay in Russia in order to avoid the “nationalization” of AVTOVAZ. Recall that the domestic auto giant is almost two-thirds owned by Renault.
Leaving the joint venture would be too expensive. In addition, the Dacia-Lada structure, which is controlled by Renault, plays an important role in the new Renaulation strategy and everything is interconnected there.
Source: Z R