The Russian subsidiary of Germany's Mercedes-Benz Group AG is selling its car assembly factory near Moscow, according to Russian news site Kommersant referring to anonymous Russian sources related to the car industry.
According to Kommersant, the signing of the deal is "at its final stages."
In early March, Mercedes-Benz had announced that it would suspend exports to Russia and cease manufacturing there until further notice.
Read Also
-
Ukraine’s fight against Russia reaches Africa as Ukrainian drone specialists support forces battling Moscow
-
Russia strikes passenger train near Polish border as drone swarms reach deeper into western Ukraine
-
Watch first naval battle in history fought entirely by drones: Ukrainian uncrewed boat spots, fires on, and sinks Russian one in Black Sea
