Ghosn Says Plummeting Ruble Will Cause a “Bloodbath” for Automakers in Russia


Russia's energy-dependent economy is taking a hard hit. The ruble lost half of its value this year and many companies (automakers included) have suspended part of their activity in the country; Renault-Nissan is no longer taking orders, and its CEO, Carlos Ghosn, says we should prepare for worse, although hope is not all lost.
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Ghosn Says Plummeting Ruble Will Cause a “Bloodbath” for Automakers in Russia Ghosn Says Plummeting Ruble Will Cause a “Bloodbath” for Automakers in Russia Reviewed by Unknown on 07:02:00 Rating: 5

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