Editing Renault (section)

==Controversies==
{{criticism section|date=September 2024}}
Following the [[2022 Russian invasion of Ukraine]] which began on 24 February, many international, particularly Western companies pulled out of Russia. Unlike most of its Western competitors, Renault was slow to announce any divestments or scaling back of its operations in Russia, drawing criticism.<ref>{{Cite web |date=12 March 2022 |title=Renault said to be reluctant to leave Russia over costs |url=https://europe.autonews.com/automakers/renault-said-be-reluctant-leave-russia-over-costs |access-date=2022-03-13 |website=Automotive News Europe |language=en}}</ref><ref>{{Cite web |last=Patel |first=Tara |date=5 March 2022 |title=A deal with a Putin ally leaves automaker Renault trapped in Russia |url=https://www.japantimes.co.jp/news/2022/03/05/business/renault-russia-deal/ |access-date=2022-03-13 |website=The Japan Times |language=en-US}}</ref> On 21 March, after a brief halt, Renault resumed production at the Renault Russia car plant near Moscow.<ref>{{Cite web |date=22 March 2022 |title=Renault resumes car production in Moscow as rivals cut ties with Russia |url=https://www.theguardian.com/business/2022/mar/21/renault-moscow-russia-nestle |access-date=22 March 2022 |website=The Guardian |language=en-GB}}</ref><ref>{{Cite web |last=Pladson |first=Kristie |date=22 March 2022 |title=Renault resumes car production in Russia as rivals withdraw |url=https://www.dw.com/en/renault-resumes-car-production-in-russia-as-rivals-withdraw/a-61211840 |access-date=23 March 2022 |website=DW.COM |language=en-GB}}</ref> On 23 March, while addressing the [[National Assembly (France)|French National Assembly]], Ukrainian president [[Volodymyr Zelenskyy]] called for French companies, including Renault, to leave Russia.<ref>{{Cite web |date=23 March 2022 |title=Ukraine's Zelensky shames French companies still operating in Russia, calls on them to leave |url=https://www.france24.com/en/europe/20220323-ukraine-s-zelensky-shames-french-companies-still-operating-in-russia-calls-on-them-to-leave |access-date=23 March 2022 |work=France 24}}</ref> Later that day, Renault said it had "suspended" Renault Russia's operations and was "assessing the available options" regarding its AvtoVAZ ownership.<ref>{{Cite press release |title=Renault industrial activities in Russia are suspended |url= https://en.media.renaultgroup.com/news/renault-industrial-activities-in-russia-are-suspended-9c81-989c5.html |date=23 March 2022 |access-date=23 March 2022 |publisher=Renault}}</ref> 

In May 2022, Renault signed agreements to sell 100% of its shares in Renault Russia to Moscow City entity and its 67.69% interest in AvtoVAZ to NAMI (the Central Research and Development Automobile and Engine Institute). The agreement provides an option for Renault to buy back its interest in AvtoVAZ, exercisable at certain times during the next six years.<ref>{{Cite web |title=Renault Group signs agreements to sell Renault Russia and its controlling inte... |url=https://en.media.renaultgroup.com/news/renault-group-signs-agreements-to-sell-renault-russia-and-its-controlling-interest-in-avtovaz-1fb6-989c5.html |access-date=2022-05-24 |website=en.media.renaultgroup.com |language=en}}</ref>