Automakers Suspending Shipments to Russia

GM Renaissance Center
GM suspended deliveries of vehicles to Russia, joining several other automakers in the move.

Several automakers announced they would suspend business dealings in Russia in the wake of the country’s attack on Ukraine.

General Motors, Volvo Cars, Volkswagen and Daimler Truck all ended vehicle shipments to the country as other manufacturing and industrial giants also quickly shut down operations or cut ties to Russian businesses.

GM said Monday it is suspending its vehicle exports to Russia indefinitely. Its Russian business isn’t massive, about 3,000 vehicles annually, according to Reuters. The company used to have production and sales operations in the country. 

However, it started pulling out of Russia in 2015 and sold off its remaining stake to Avtovaz in 2019 — the same year Ford announced plans to leave the market. “Our thoughts are with the people of Ukraine at this time,” GM said in a statement. “The loss of life is a tragedy and our overriding concern is for the safety of people in the region.”

GM not alone

Volkswagen also announced it’s suspended deliveries until the “effects of the sanctions” have been “clarified.”

Sweden’s Volvo Cars is implementing a similar halt to vehicle deliveries, saying in a statement, “Volvo Cars will not deliver any cars to the Russian market until further notice.” The company sells about 9,000 vehicles annually in Russia with the vehicles coming from Sweden, China and the U.S.

In a statement, the company told Reuters it made the decision because of “potential risks associated with trading material with Russia, including the sanctions imposed by the EU and US.”

Volkswagen also suspended deliveries temporarily, saying they won’t begin shipping vehicles again until “the effects of the sanctions by the European Union and the United States have been clarified.”

Ford has joint venture with PJSC Sollers to produce commercial vehicles. The company told Reuters previously it dealing with the impact of the sanctions on the operations, but the main focus was the safety of its employees.


Auto Lovers Land

Comments

Post a Comment

Popular posts from this blog

Another Tesla Driver Killed in Collision with Fire Truck

Image
Another Tesla driver died  over the weekend , this time in California. The collision occurred when a Tesla rammed a fire truck parked across two freeway lanes to protect first responders who were preparing to tow a disabled vehicle at about 4 a.m. Saturday.  Another Tesla crashed into a parked emergency vehicle over the weekend in California. Authorities do not yet know if the driver had Autopilot or Full Self Driving (FSD) engaged. A passenger in the Tesla was also injured in the collision.  The incident is certain to raise additional concerns about Tesla’s advanced driver assistance systems, which are already the subject of intense scrutiny at the National Highway Traffic Safety Administration (NHTSA). According to  the Los Angeles Times , Tesla reported 516 collisions involving its ADAS systems over the period from July 1, 2021 to Nov. 30, 2022. In the same period, Ford reported seven such collisions, and GM reported just two for its products. When equalized for the number
Read more

Sherpa Auto Transport: Reviews, Costs and More (2022)

Image
Affiliate Disclosure Sherpa Auto Transport is a recent newcomer to the car shipping industry, but it gets high marks from customers for its locked in pricing and other benefits. This article will showcase Sherpa Auto Transport reviews, shipping services and costs to aid you in making the most informed decision possible when choosing an auto shipping provider. With so many car transport options available, deciding on the best one for your situation can be a challenge. That’s why we’ve reviewed the best car shipping companies to help you compare services from leading providers across the nation. Best Car Shipping Companies The Detroit Bureau reviewed the top car shipping companies to find the best. BEST PROVIDER Our first choice for car shipping with great rates and service. 866-882-8614 844-601-0286 GET PRICE LOCKED-IN PRICING This shipping company won
Read more

First Drive: 2024 Toyota Grand Highlander

Image
Whether it’s to carry kids to a soccer match or to add some extra cargo space, American motorists have avidly embraced three-row SUVs – and automakers have rushed to respond. Once rare, they’re an increasingly common sight, more and more coming to market each year. With the Sequoia, Toyota was an early entrant into the segment. For the coming model year, it’s adding another option, a three-row version of the popular Highlander. Toyota’s looking to take advantage of the shift toward three-row SUVs with the new 2024 Grand Highlander. While the 2024 Toyota Grand Highlander uses the same platform as the two-row model, it’s more than just a stretched edition. It adds not only more room but significantly more features. And buyers will have the option to get the beefy new Hybrid Max powertrain that delivers 265 horsepower and 332 pound-feet of torque. To get a sense of what the new Grand Highlander is all about, I set off for the Big Island of Hawaii where Toyota set up the first media
Read more