News Snapshot:
You can have any colour car so long as it is white, black, or green. That’s not a riff on Henry Ford’s “any colour so long as it’s black”, it is The Moscow Times reporting earlier this year that buyers of Lada and Niva models from Russia’s largest carmaker AvtoVaz have a palette of just three colours. Not being able to own a bright red Lada isn’t the worst thing in life, but it does illustrate that sanctions imposed in response to Russia’s invasion of Ukraine have hurt. As foreign carmakers quit the country, Russian auto output in 2022 fell...
