News > Honda Will Stop Selling Cars in Russia from 2022, Will Continue Two-Wheeler Sales
Honda Will Stop Selling Cars in Russia from 2022, Will Continue Two-Wheeler Sales
E-News | 31/12/2020 11:08 AM | Click to read full article
The Russian subsidiary of Honda said on Wednesday it would stop supplying new cars to official dealers in Russia in 2022 as part of the company’s efforts to restructure its operations. The company said it would keep its presence on the Russian market with motorcycle and power equipment sales.
Honda, which has no plants in Russia unlike other Japanese carmakers such as Toyota and Nissan, sold 79 vehicles in Russia last month, a 50% drop from a year earlier.