The crisis has shuttered factories in Eastern Europe, and caused spikes in the prices of already precious raw materials.
Russia's invasion of Ukraine has led auto industry watchers to cut production and sales forecasts for the next two years.
In March, S&P Global Mobility, formerly IHS Markit, cut its global auto production forecast by 2.6 million vehicles in both 2022 and 2023 because of the conflict. The worst-case scenario totaled as much as 4 million lost vehicles.Stay informed about local news and weather. Get the NBC Bay Area app for
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Ukraine War Far From Over as Russia Renews Strikes in KyivRussian forces have resumed scattered attacks on Kyiv, western Ukraine and beyond after warning that it planned to step up missile strikes on the capital
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Ukraine war far from over as Russia renews strikes in KyivMoscow threatened renewed missile attacks on Kyiv, where authorities said the bodies of more than 900 civilians were found outside the capital.
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Ukraine war far from over as Russia renews strikes in KyivStung by the loss of its Black Sea flagship and indignant over alleged Ukrainian aggression on Russian territory, Russia's military command had warned a day earlier of renewed missile strikes on Ukraine's capital.
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Russia renews strikes in Kyiv, western Ukraine as war far from overStung by the loss of its Black Sea flagship and indignant over what it alleged were Ukrainian strikes on Russian territory, Russia's military command had warned a day earlier of renewed attacks on Ukraine's capital and said it was targeting military sites.
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