International
Ukraine: Mercedes Benz to sell Russian assets
German carmaker Mercedes-Benz is expected to sell its Russian assets to a local investor, the Russian ministry of industry and trade said on Wednesday. Mercedes-Benz becomes the latest automaker to exit Russia since Moscow sent troops to Ukraine.
“Mercedes-Benz intends to sell its shares in Russian subsidiaries to a local investor,” Avtodom, the ministry said in a Telegram statement.
AFP