Toyota stopped production and stopped exporting cars to Russia

Toyota stopped production and stopped exporting cars to Russia

Toyota has a factory in St Petersburg that produced around 80,000 cars for the Russian market.

Japanese carmaker Toyota on Wednesday announced it was halting production at its sole plant in Russia and halting vehicle shipments to the country, citing “supply chain disruptions” linked to the Ukraine invasion.

“Toyota Motor Russia will suspend production at its St Petersburg plant from March 4 and has suspended vehicle imports until further notice due to supply disruptions,” the company said in a statement.

A spokesperson for the Japanese company, the world market leader, confirmed that these supply problems are linked to the conflict.

Factory of St.

Toyota has no factories in Ukraine, but indicated that sales operations have been suspended since February 24, when Russian President Vladimir Putin ordered an invasion of the neighboring country.

“Toyota is monitoring the ongoing events in Ukraine with great concern for the safety of people in Ukraine and is looking forward to a safe and peaceful return as soon as possible,” he said.

“Our priority in managing this crisis is to ensure the safety of our team members, our sales team and our supply chain partners,” he added.

Many Western governments and their allies, sports organizations and big companies sanctioned or cut ties with Russia after the internationally condemned attack.