Untitled attachment

Notices where this attachment appears

1. Embed this notice
   Hanse Mina (hanse_mina@mastodon.social)'s status on Tuesday, 09-Jul-2024 20:56:30 JST Hanse Mina

   A Russian court has ordered #Volkswagen, to pay 16.9 billion roubles ($193 million) in damages to Russian carmaker #GAZ Group, which had sued the German automaker over lost profits after Volkswagen exited the Russian market.

   Volkswagen was one of many Western companies to leave #Russia following #Moscow's invasion of #Ukraine. Many foreign carmakers sold assets at cut prices in their haste to exit, leaving a gap that has been plugged mainly by Chinese competitors.

   https://www.reuters.com/business/autos-transportation/russian-court-orders-volkswagen-pay-193-mln-damages-russian-carmaker-2024-07-09/