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Mercedes-Benz leaves Russia

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Moscow, Russia- German automobile manufacturing company, Mercedes-Benz, has announced it will be leaving Russia.

Mercedes will now completely shut its car plant which opened in 2019 and built up to 25 000 cars per year, including the Mercedes-Benz E-Class Sedan. The factory employed 1 000 people. Mercedes was one of the country’s most popular carmakers prior to the war in Ukraine, with its G Wagen off-roader and S-Class models a favorite among Russia’s wealthy elite.

Mercedes-Benz suspended manufacturing of its automobiles in Russia in early March and according to the Association of European Businesses (AEB), just over 9 550 Mercedes-Benz vehicles were sold in Russia from January to September, down 72.8 percent from a year earlier.

According to the company, its shares in the local subsidiaries will be sold to the car-dealer chain Avtodom.

Avtodom stated it would select a technology partner to continue operating the production facilities at the Esipovo industrial park northwest of Moscow, where Mercedes-Benz has a plant, and said it will be able to carry out maintenance of Mercedes-Benz vehicles sold in Russia.

The main priorities in agreeing the terms of the transaction were to maximize the fulfilment of obligations to clients from Russia both in terms of after-sales services and financial services, as well as preserving the jobs of employees at the Russian divisions of the company,” said Rus Natalia Koroleva, CEO of Mercedes-Benz.

However, Mercedes-Benz’s five percent stake in Russian truck maker Kamaz will not be affected by the intended transaction and is set to be transferred to Daimler Truck this year.

Since Russia’s military operations in Ukraine in early February, many automakers have abandoned the market entirely or at least halted sales there. Nissan, for example, left the county and sold its assets to NAMI, the Central Research and Development Automobile and Engine Institute. Renault did the same, including offloading shares in AvtoVAZ to NAMI.

Similarly, Toyota paused production at its factory in Saint Petersburg in March and announced the complete closure of the plant in September. However, the automaker is maintaining its dealer network at least for servicing vehicles already on the road.

Lamborghini put its business operations in Russia on hold and donated US$1 million to the United Nations Refugee Aid. Ferrari also suspended the production of vehicles for the Russian market and pledged US$1 million to international humanitarian projects.

Meanwhile, Ford confirmed on Wednesday that it had finalized a deal to exit the Russian market as well.

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Early tally neck and neck in rain-drenched British Columbia election

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VANCOUVER – Predictions of a close election were holding true in British Columbia on Saturday, with early returns showing the New Democrats and the B.C. Conservatives neck and neck.

Conservative Leader John Rustad was elected in Nechako Lakes, and 20 minutes after polls closed, his party was elected or leading in 46 ridings, with the NDP elected or leading in 45.

Among the early winners were the NDP’s Ravi Kahlon in Delta North and Niki Sharma in Vancouver-Hastings, as well as the Conservatives’ Bruce Banman in Abbotsford South.

It was a rain-drenched election day in much of the province.

Voters braved high winds and torrential downpours brought by an atmospheric river weather system that forced closures of several polling stations due to power outages.

Residents faced a choice for the next government that would have seemed unthinkable just a few months ago, between the incumbent New Democrats led by David Eby and Rustad’s B.C. Conservatives, who received less than two per cent of the vote last election

Green Leader Sonia Furstenau has acknowledged her party won’t win, but she’s hoping to retain a presence in the legislature, where the party currently has two members.

Elections BC has said results are expected quickly, with electronic vote tabulation being used provincewide for the first time.

The election authority expected most votes to be counted by about 8:30 p.m., and that the count would be “substantially complete” within another half-hour.

Six new seats have been added since the last provincial election, and to win a majority, a party must secure 47 seats in the 93-seat legislature.

There had already been a big turnout before election day on Saturday, with more than a million advance votes cast, representing more than 28 per cent of valid voters and smashing the previous record for early polling.

The wild weather on election day was appropriate for such a tumultuous campaign.

Once considered a fringe player in provincial politics, the B.C. Conservatives stand on the brink of forming government or becoming the official Opposition.

Rustad’s unlikely rise came after he was thrown out of the Opposition, then known as the BC Liberals, joined the Conservatives as leader, and steered them to a level of popularity that led to the collapse of his old party, now called BC United — all in just two years.

Rustad shared a photo on social media Saturday showing himself smiling and walking with his wife at a voting station, with a message saying, “This is the first time Kim and I have voted for the Conservative Party of BC!”

Eby, who voted earlier in the week, posted a message on social media Saturday telling voters to “grab an umbrella and stay safe.”

Two voting sites in Cariboo-Chilcotin in the B.C. Interior and one in Maple Ridge in the Lower Mainland were closed due to power cuts, Elections BC said, while several sites in Kamloops, Langley and Port Moody, as well as on Hornby, Denman and Mayne islands, were temporarily shut but reopened by mid-afternoon.

Karin Kirkpatrick, who is running for re-election as an Independent in West Vancouver-Capilano, said in a statement that her campaign had been in touch with Elections BC about the risk of weather-related disruptions, and was told that voting tabulation machines have battery power for four hours in the event of an outage.

West Vancouver was one of the hardest hit areas for flooding, and Kirkpatrick later said on social media that her campaign had been told that voters who couldn’t get to a location to cast their ballot because of the extreme weather could vote through Elections BC by phone.

— With files from Brenna Owen

This report by The Canadian Press was first published Oct. 19, 2024.

The Canadian Press. All rights reserved.



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CP NewsAlert: B.C. Green Leader Sonia Furstenau loses seat after changing ridings

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VICTORIA – Green Party Leader Sonia Furstenau has lost her seat in the legislature after changing ridings to Victoria-Beacon Hill.

Furstenau lost to Grace Lore, the minister of children and family development in the previous NDP government.

The Green leader was first elected 2017, when her party played a key roll in helping the New Democrats form government with a confidence and supply agreement between the two parties.

The Canadian Press. All rights reserved.



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CP NewsAlert: B.C. NDP Leader David Eby wins his riding of Vancouver Point-Grey

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VANCOUVER – British Columbia Premier and NDP Leader David Eby has won re-election in the riding of Vancouver-Point Grey.

Eby was first elected to the riding in 2013, when he defeated then-premier and former B.C. Liberal leader Christy Clark.

He is a former executive director of the B.C. Civil Liberties Association who became premier in 2022 after John Horgan stepped aside.

Eby was challenged in Vancouver-Point Grey by B.C. Conservative candidate Paul Ratchford, who says on a social media profile that he is the owner of a private real estate company.

The Canadian Press. All rights reserved.



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