Nissan Sells Russian Assets Worth $687 Million for $1.40

Nissan Motor Co Ltd will sell its business in Russia to a state-owned firm for 1 euro ($1.40), the company announced on Tuesday, incurring a loss of approximately $687 million in the latest costly exit from Russia by a multinational corporation. It is stated that the Japanese carmaker will transfer its shareholding in Nissan Manufacturing … Continue reading Nissan Sells Russian Assets Worth $687 Million for $1.40