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To: marcusmaximus

“Renault used to make Ladas in Russia. Not any more. Nice to see 45,000 Russians lose their jobs. Consquences.”

Plenty of Europeans out of work too, due to lack of Russian parts for their cars. So pretty much the same. Kind of. Except that when this crap ends, Russians will again be able to buy gasoline/diesel, whereas Europeans are being force-marched into electric cars.


4 posted on 03/23/2022 2:12:39 PM PDT by BobL (I eat at McDonald's and shop at Walmart, I just don't tell anyone.)
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To: BobL
I hang out at The Market Ticker for economics.

You're wasting your breath on this thread.

6 posted on 03/23/2022 2:46:29 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: BobL

Sure, Lada is going to keep going. VW and BMW already closed.


10 posted on 03/23/2022 4:11:42 PM PDT by NorseViking
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To: BobL

To bring things into perspective, Russia is the biggest Renault’s foreign market, nearly equal to the domestic market. Exactly a third of their profits came from Russia.

For Lada, it is barely a problem. They have two models based on the Renault platforms, and one trim of another model using Renault powerplant, that’s out of seven models total.


12 posted on 03/25/2022 5:57:20 AM PDT by NorseViking
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