French automaker Renault sold its majority stake in the Russian manufacturer of Lada cars to the state automotive research institute (NAMI) for the symbolic amount of one ruble (0.0013 euro cents). The Russian buyer, NAMI, was founded nearly a hundred years ago to support Russian vehicle manufacturing. The French manufacturer will have to hand over […]
The United Kingdom is an important export destination not only in terms of direct but also indirect exports. Hard Brexit could have tainted the Czech economy by tens of billions of crowns and tens of thousands of jobs, especially in the automotive industry.
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