The head of Renault threatened to shut down Russian car plants due to a lack of spare parts, including his AvtoVAZ – Business – Saint-Petersburg News

The unstable geopolitical situation once morest the backdrop of the Ukrainian crisis may lead to a halt in automotive production in Russia, including at AvtoVAZ and the Renault plant, he said in an interview. Financial Times Luca de Meo.

He predicted that, following financial sanctions, a ban on the supply of important auto components might be imposed on Russia.

According to the head of Renault, his company is exploring alternative supply chains for components for its enterprises in Russia.

To date, AvtoVAZ, which is controlled by the Renault Group, has up to 20 % components are received from abroad. The loss of these supplies will force production to stop.

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