Nissan Exits Russian Market, Sells Operations And Factories To NAMI For $1
Nissan has the option of buying back the entity and operations within the next six years
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Nissan has the option of buying back the entity and operations within the next six years
Nissan Announces Total Exit From Russian Market
Japan's Nissan Motor Company has decided to sell its Russian operations with an option to buy it back within six years, the company said.The company also said it will take a one-off impact of approximately 100 billion yen from this ...
The company plans to sell its Russian operations to its local partner.
Japanese automaker Nissan Motor Co said Tuesday that it plans to sell its Russian operations to its local partner and withdraw from manufacturing there. The company said its executive committee approved the sale to Russia’s Central Research and Development Automobile and Engine Institute, or NAMI. The sale includes Nissan’s factory…