Automotive

Nissan Makes 1 Euro In Russia

It is almost winter, and we all know how disagreeing with Russia in the winter goes. Good idea getting out now.
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Nissan Makes 1 Euro In Russia

💢😿 Don't you hate finding out about a good deal a day too late? 

🤝€ Nissan sold its entire presence in Russia to state-owned NAMI for 1 euro

📉🤕 The sale is about a $678M loss for Nissan, but outlines buyback rights for six years from now. 

⛔🏃The company suspended production in March. With Russia's invasion of Ukraine dragging on, Nissan is following many other OEMs by pulling out of the country entirely.

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