The Moscow city government will take over a factory belonging to the French carmaker Renault and use it to revive the Soviet-era Moskvitch in Russia’s first major nationalisation of a foreign company during its war in Ukraine.
The development, which Russians who remember the Moskvitch as a clunker ridiculed, is part of a wave of western companies such as McDonald’s and Siemens leaving the Russian market as the war in Ukraine nears its fourth month.
