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.