Honda Will Stop Auto Sales in Russia in Two Years

The Russian subsidiary of Japan’s Honda Motor said in a Wednesday morning statement that it would stop supplying new vehicles to official dealers in Russia in the year 2022 as part of the company’s efforts to restructure its operations in different countries around the world.

The Russian subsidiary of Japan’s Honda Motor said in a Wednesday morning statement that it would stop supplying new vehicles to official dealers in Russia in the year 2022 as part of the company’s efforts to restructure its operations in different countries around the world.

The company also pointed out that it would keep its presence on the Russian market with power equipment and motorcycle sales, and retain every single activity related to the after-sales service of Honda vehicles.

According to the Association of European Businesses, the Japanese automaker, which has no factories in Russia unlike some other Japanese competitors such as Nissan and Toyota, sold 80 vehicles in Russia in November, representing a 50 percent drop from a year earlier.

Honda’s sales from January to November were down 15 percent to 1,383 vehicles. More than 1.3 million new cars were sold in Russia during that same period.


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