Nissan announced on Tuesday that the company will sell all operations in Russia to an entity of the nation’s government. As warfare between Ukraine and Russia escalates ahead of the winter months, the Japanese automaker announced that NAMI, a Russian government body dedicated to automotive industry development, is slated to acquire the firm’s business in the nation. Nissan, which will lose ¥100 billion, or $686 million, as the company is sold for €1, has the option to repurchase its operations within the next six years. “On behalf of Nissan, I thank our Russian colleagues for their contribution to the business...