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Renault CEO: Re-entry into Russian Market Still a Possibility
2025-02-21 /
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Author：小编
Luca de Meo, the Chief Executive Officer of Renault Group, stated on February 20th that the company has not discounted the likelihood of re-entering the Russian market. While acknowledging that acquiring a stake in AvtoVAZ is not currently a top priority, de Meo emphasized that Renault's management is open to exploring relevant business opportunities. In May of last year, Renault sold its Russian operations and nearly 68% of its shares in AvtoVAZ for a nominal fee, while retaining the right to repurchase the stake within a six-year period.
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