Mercedes-Benz Agrees To Sell Its Russian Unit To Local Investor As It Joins Global Carmaker Exodus Amid War

6 articles, oldest first.

1. Hot Air

   Mercedes-Benz to quit Russian market, sell shares to local investor ↗ (opens Hot Air)

   Published Oct 25, 2022

   Hot Air's feed description

   Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial and financial services subsidiaries to a local investor, becoming the latest carmaker to exi...

2. Forbes

   Mercedes-Benz Agrees To Sell Its Russian Unit To Local Investor As It Joins Global Carmaker Exodus Amid War ↗ (opens Forbes)

   Published Oct 25, 2022

   Forbes's feed description

   Mercedes-Benz’s Russian business will be sold to local car dealership chain Avtodom which will take over the German carmaker’s factories.

3. Forbes

   Mercedes-Benz To Finally Exit The Russian Car Market ↗ (opens Forbes)

   Published Oct 25, 2022

   Forbes's feed description

   It halted its manufacturing operation near Moscow in March, following the invasion of neighboring Ukraine.

4. France 24

   Mercedes-Benz to sell off Russian assets to local investor ↗ (opens France 24)

   Published Oct 25, 2022

   Same headline from 1 more outlet

   France 24's feed description

   German carmaker Mercedes-Benz is expected to sell its Russian assets to a local investor, the Russian ministry of industry and trade said Wednesday, becoming the latest automaker to exit since Moscow…

5. FOX Business

   Mercedes-Benz to leave Russia, sell assets amid war in Ukraine: 'Demanding environment' ↗ (opens FOX Business)

   Published Oct 25, 2022

   FOX Business's feed description

   Mercedes-Benz became the latest car maker to announce that it would be withdrawing from the Russian market and selling up its assets there.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.