Mazda in talks to sell Russian business to joint-venture partner | Autocar

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Mazda in talks to sell Russian business to joint-venture partner

Sollers said in a statement: “PJSC Sollers Auto is indeed discussing with Mazda the matter of halting the manufacturing of autos in Vladivostok and Sollers buying out Mazda's share in the joint venture.

“[In the] meantime, Sollers Auto has already developed a plan to relaunch the plant for manufacturing the cars of other brands and is currently finalising negotiations on the matter.” A decision regarding the future of Mazda’s Russian sales and servicing businesses hasn't yet been made, reported Nikkei. Mazda sold 30,000 cars in Russia last year.

 

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And when China declares war on Taiwan ? Perhaps now is the time to offload all stakes there ?

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