“While we cannot continue operating in the market, we have found the best possible solution to support our people," Nissan President and CEO Makoto Uchida said in a statement, adding that his company did not give a dollar value for the sale but would log a 100 billion yen ($680 million) “impact" from its exit from the Russian market. Petersburg, and its sales and marketing center in Moscow, to Russia’s Central Research and Development Automobile and Engine Institute (NAMI). Nissan said on October 11 that its executive committee had approved the sale of its factory and R&D facilities in St. Japanese car manufacturer Nissan has become the latest major multinational corporation to exit Russia, joining dozens of others in an exodus over Moscow's unprovoked invasion of Ukraine launched in late February.
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