Renault suspends work at Moscow factory

Illustrative image of Renault Megane 2017 models (ESezer, iStock by Getty Images)
Illustrative image of Renault Megane 2017 models (ESezer, iStock by Getty Images)

PARIS — French car giant Renault says it will immediately suspend operations at its Moscow factory after Kyiv called for a boycott of the company for remaining in Russia.

Renault is also considering “the possible options” for its Russian affiliate AvtoVAZ, the company says in a statement, adding that it had downgraded its 2022 financial outlook.

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