Mazda is expected to lose approximately ¥JPY 12 billion because of its exit from the joint venture.
A spokesperson for Sollers said the sale had already been approved and it is preparing to restart production at the Vladivostok plant in 2023 – albeit with its own models.reported that the sale could be closed within the coming weeks, citing a source said to be familiar with the matter. Mazda and Sollers began producing cars in Vladivostok in 2012 and previously made around 50,000 units at the facility annually.
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