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Automobiles

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

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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