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Nissan announces exit from Russian market

Nissan announced today its intention to sell its Russian operations.

Nissan announced today its intention to sell its Russian operations.


Nissan’s adjustment, published in Japanese accounting standards and booked for the 2022/2023 fiscal year, will have a negative contribution to Renault Group’s net income estimated at €331 million(1) for the 2nd half 2022 (before IFRS adjustments).


This transaction will not impact Renault Group’s operating margin, free cash-flow and financial outlook.




(1) based on an average exchange rate of 141.74 yen/euro for September

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