Honda to stop selling cars in Russia in 2022 after failing to make dent

Market with under 2,000 cars sold per year becomes latest target for retreat

RYOSUKE HANADA, Nikkei staff writer

TOKYO -- Honda Motor will end sales of new autos in Russia in 2022, bowing out of a market where sales have languished as part of a broader consolidation.

The move, announced by the Tokyo-based carmaker's local arm, is "a step toward restructuring and rightsizing our business," said a Honda public relations representative in Japan.

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