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French carmaker’s sale of a promising division underlines hard choices faced by western businesses
French car group had greater exposure to the country than many rivals
Moscow denies transaction is form of nationalisation and points to buyback option
French car group halts production of own brand and flags parting of ways with Lada maker
Removal of Bo Andersson shows trouble with supplier and workforce reforms
Frenchman charged with reviving carmaker after crippling recession
Bo Andersson, who implemented a tough restructuring plan, was sacked from AvtoVAZ
Bo Andersson cut jobs and tackled corruption during tenure
Renault-Nissan’s Russian carmaker points to market share gains for the first time in 21 years
Country is reeling from economic woes linked to western sanctions, falling oil prices, weak currency
Brand to be withdrawn and St Petersburg factory closed as car group seeks to cut its losses
Strong appeal of carmaker’s Dacia brand offset falling Russian sales
Carmaker joins General Motors, Jaguar Land Rover and Audi in freeze
Governor’s drive to attract foreign carmakers to region has others trying to emulate it
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