Sollers Public Joint Stock Company (MISX:SVAV) is in talks with Mazda Motor Corporation (TSE:7261) about buying the Japanese company's stake in their Russian joint venture, Sollers said on September 26, 2022, as Mazda prepares to wind down operations in Russia. Mazda, which sold 30,000 cars in Russia last year, said in March that exports of parts to the venture's Vladivostok plant were going to end and production would cease when stocks ran out. The Nikkei newspaper on September 24, 2022 first reported the talks with Sollers.

Sollers said it was in talks with Mazda over stopping car production in Vladivostok and on buying out Mazda's stake in the venture. "At the same time, Sollers Auto has already developed a plan to relaunch the factory for production of other automobile brands and negotiations on this issue are currently being finalised," Sollers said in a statement. It did not give a timeframe for stopping production at the Vladivostok plant.

A Mazda spokesperson said the company was discussing ending vehicle production in Vladivostok, without giving details.