The situation of Renault in Russia
- Renault announced that it was suspending industrial activity at its Moscow plant in Russia, shortly after Stellantis announced for Kaluga plant and Volkswagen for Kaluga and Nizhni-Novgorod ones. The Renault group is very present in Russia, as it produced and sold nearly 500,000 vehicles there in 2021, including 358,000 Lada branded cars (brand of Avtovaz in which Renault holds 67.7% of the shares) and 135,000 Renault branded cars (mainly derived from Dacia). Ladas are produced in two factories that have been completely renovated by Renault: Togliatti (historic site of the Lada brand) and Izhevsk (formerly linked to Hyundai). Renaults models are produced in two factories: Togliatti and Moscow (formerly Avtoframos, a distant descendant of the Moskvitch brand).
- These factories (Togliatti, Izhevsk, Moscow) therefore produced nearly 500,000 vehicles last year, including nearly 300,000 in Togliatti, 100,000 in Izhevsk and 100,000 in Moscow.
- For Renault, Russia represents its second largest global market and its second global industrial location. This represents almost 20% of its sales and production volume worldwide. The idea of a complete shutdown of Renault's activities in Russia therefore seems very hypothetical.
- As for Nissan and Mitsubishi, which are members of Renault-Nissan group in Russia and around the world, nothing has been announced until today. These two brands have been producing and selling in Russia less than 100,000 vehicles per year since 2020, which puts their position in this country in perspective compared to Renault. Any departure of European manufacturers from the Russian market represents an opportunity for players such as Chinese manufacturers, who could regain their market share.
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