MOSCOW — The Russian subsidiary of Honda said on Wednesday it would prevent supplying new autos to official sellers in Russia in 2022 as part of the company’s initiatives to restructure its functions.
The corporation said it would preserve its existence on the Russian current market with motorbike and electric power equipment gross sales, and retain its routines relevant to the right after-gross sales services of its motor vehicles.
Honda, which has no vegetation in Russia not like other Japanese carmakers such as Toyota and Nissan, offered 79 motor vehicles in Russia last thirty day period, a fifty{0764260a27b4b31ca71a8adf79c3ae299a61e6f062052eee3f0df84ce9b30ade} drop from a 12 months before, according to the Association of European Enterprises.
Its gross sales from January to November were down 15{0764260a27b4b31ca71a8adf79c3ae299a61e6f062052eee3f0df84ce9b30ade} to 1,383 motor vehicles.
Extra than 1.3 million new autos were offered in Russia through that period of time.
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