Official auto dealers in Russia will no longer receive new Honda cars starting from 2022, the subsidiary of the Japanese automaker has announced, explaining the move as part of its restructuring efforts.
Honda’s presence on the Russian market will be limited to motorcycle and power equipment sales, the firm said in a statement on Wednesday, as quoted by Russian media. It will continue to provide after-sales services to Honda owners.
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Despite the year-end race that brought some relief to automakers after sales were crippled by the coronavirus pandemic in the first half of the year, purchases of Honda …