Russia's invasion of Ukraine has forced carmakers to pull out of the country. The production of cars across Russia has come to a standstill after several companies issued statements announcing they faced supply chain issues due to Western sanctions.
The US carmaker said it informed its joint-venture partners that it suspended its operations in Russia at the beginning of March. In addition, the company made a contribution of $100 000 to the Global Giving Ukraine Relief Fund.The French carmaker has one of the largest footprints in Russia and has a plant in the capital Moscow, which it temporarily suspended production at.The German carmaker said it would stopped exporting cars and vans, as well as manufacturing in Russia.
The Volkswagen Group, which includes several brands, issued a statement and said it stopped production at three plants, and that no vehicles will be exported to the country.The Swedish brand was forced to stop exports due to sanctions imposed on Russia. In addition the carmaker donated money towards Ukraine via Unicef and Save Children.
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