Renault resumes manufacturing in Russia
Discussion
normalbloke said:
Got any credible sources or do we have to take your word for it…
https://www.theguardian.com/business/2022/mar/21/r...rfisher said:
Putin has promised Macron that he won't nuke France on condition that Renault build their French tat cars in Russia.
I'm sure Putin will keep to his word.
After all, he's a man of honour, as we all know.
Wonder what the UK could offer him?
Does he like cheese?
They're not building Renaults I'm sure Putin will keep to his word.
After all, he's a man of honour, as we all know.
Wonder what the UK could offer him?
Does he like cheese?
According to my search it’s not Renault but Avtovaz a Russian car maker that makes Lada’s
Renault apparently owns a large stake in the business but I’m not sure they have control over whether a Russian company produces products in Russia
https://europe.autonews.com/automakers/russias-avt...
Renault apparently owns a large stake in the business but I’m not sure they have control over whether a Russian company produces products in Russia
https://europe.autonews.com/automakers/russias-avt...
Cold said:
normalbloke said:
Got any credible sources or do we have to take your word for it…
https://www.theguardian.com/business/2022/mar/21/r...Article said:
Avtovaz sold nearly 2,900 vehicles in 2021, making profits before tax of €186m (£156m) for Renault
Eur 64k profit per car???? 
Actually thinking about it, that will be all the repairs that weren't covered by warranty
Wiki:-
The company is owned by Lada Auto Holding, in which French Groupe Renault holds a controlling 67.61% stake.[5][11][12] AvtoVAZ is a consolidated subsidiary of Groupe Renault.[8] AvtoVAZ produces and also exports over 400,000 cars a year,[13] under its Lada brand as well as Renault-branded cars. From January 2021 onwards, AvtoVAZ is part of Renault's Lada and Dacia business unit structure.
The company is owned by Lada Auto Holding, in which French Groupe Renault holds a controlling 67.61% stake.[5][11][12] AvtoVAZ is a consolidated subsidiary of Groupe Renault.[8] AvtoVAZ produces and also exports over 400,000 cars a year,[13] under its Lada brand as well as Renault-branded cars. From January 2021 onwards, AvtoVAZ is part of Renault's Lada and Dacia business unit structure.
The French have been two faced on this all along. Busy talking stuff up and doing little. Pushing for personal advantage behind everyone else doing the right thing. Or today, busy agitating for extra fuel sanctions that won't affect them as much as everyone else, while pretty much ignoring all the existing sanctions.
King Turd and his merry minions being their usually smarmy selves while busy taking potshots.
King Turd and his merry minions being their usually smarmy selves while busy taking potshots.
fizz47 said:
Total Energy not leaving Russian nor divesting despite the likes of Shell and BP taking huge losses in their divestitures.
Just another double standard to be added to the of list that this awful war has highlighted.
It seemed a huge knee jerk reaction for BP and Shell to throw away a combined $27bn worth of investment. Commodity trading has always happened even during times of war, and the Soviet Union traded with the West throughout the Cold War. Just another double standard to be added to the of list that this awful war has highlighted.
Yes, longer term we need to move forwards and find alternative sources, but BP and Shell make money which goes to the British government and British shareholders. It seems very much cutting your nose off to spite your face, especially when Total and others are staying invested.
When under Nazi occupation, French car manufacturers took to sabotaging the vehicles they were forced to produce. Such that they would, for example, inexplicably run out of oil. All these little measures added up to a significantly reduced lifespan. I have pondered if the French actually know the war is over.
Condi said:
fizz47 said:
Total Energy not leaving Russian nor divesting despite the likes of Shell and BP taking huge losses in their divestitures.
Just another double standard to be added to the of list that this awful war has highlighted.
It seemed a huge knee jerk reaction for BP and Shell to throw away a combined $27bn worth of investment. Commodity trading has always happened even during times of war, and the Soviet Union traded with the West throughout the Cold War. Just another double standard to be added to the of list that this awful war has highlighted.
Yes, longer term we need to move forwards and find alternative sources, but BP and Shell make money which goes to the British government and British shareholders. It seems very much cutting your nose off to spite your face, especially when Total and others are staying invested.
Also I dont agree with the ‘we did it the past or ‘my neighbour is doing the same’ so it makes it ok…
Don’t get me wrong I get what you are trying to say and it would be the pragmatic option but again isn’t it a double standard by profiteering or helping fund a country committing potential war crimes.
Now if you and I started trading flour with a group of IS people in the middle of Syria then we would be considering as funding terrorists- why do we allow a double standard just so big business can profit?
zb said:
When under Nazi occupation, French car manufacturers took to sabotaging the vehicles they were forced to produce. Such that they would, for example, inexplicably run out of oil. All these little measures added up to a significantly reduced lifespan. I have pondered if the French actually know the war is over.
They know it’s over. The problem is that the union is still negotiating on pay and working hours and is refusing to change working practices until this is settled.Teddy Lop said:
How can being denied access to French cars be considered a sanction?
Brilliant point !!when you dig a bit deeper, you can see that the frenchies are very dependent on russia to buy their crappy Renaults!
Under CEO Luca de Meo, Dacia and Lada are being combined into a single business unit. Combined sales for the brands were up 28.5 percent in the first half, Renault said.
France remained the group’s No. 1 market with 287,601 sales, but market share fell by 2.5 percentage points. Russia was the second-biggest market with 270,285 sales, with a gain of 0.8 percentage points of market share. Sales of Russian brand Lada brand were up 51 percent in its home country, and 41 percent overall.
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff