VW, Porsche, Bentley exports to Russia halted on sanctions


Volkswagen Group has joined the exodus of companies from Russia, suspending exports to and local production in the country in response to its invasion of Ukraine.

The move affects VW’s two factories in Russia that produce Volkswagen brand and Skoda models, the maker of Porsche, Lamborghini and Bentley cars, popular with Russia’s elite, said Thursday.

VW delivered about 216,000 cars in Russia last year, about 2.4 percent of the automaker’s global vehicle sales.

The decision to suspend activities mirrors similar moves by a range of automakers, including Ford, BMW and General Motors.

Local employees at VW’s plants will receive short time working benefits, the company said in a statement.

As companies move to sever ties with Russia among broad sanctions, the war on Ukraine is causing significant supply chain disruptions.

VW is halting a number of factories across Europe due to a lack of parts from suppliers in Ukraine.

BMW is also affected and has shut down a number of plants.

Products You May Like

Articles You May Like

Roadkill Garage S5 Ep 59 FULL EPISODE – Pontiac T-37 Handling Upgrade Frustration | MotorTrend
Old Jeeps Restored and Offroading! | Roadkill Garage | MotorTrend
Hasn’t Run In Years! ’60s Dune Buggy Rebuild | Roadkill Garage | MotorTrend
Cheap Upgrades on Our Best Cars! | Roadkill Garage | MotorTrend
Testing Exhaust Cutouts on Big Block Chevy! | Engine Masters | MotorTrend

Leave a Reply

Your email address will not be published.