Renault halts activities in Russia in rapid U-turn, after restarting production only this week
aim for a group operating margin of around 3%, instead of its previous 4% target.
Renault is also considering the future of its 67% stake in Russian car maker Avtovaz and said it is currently “assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia”.
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