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 | 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.

 

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

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