close
Thursday, March 3, 2022

Ukraine War: Toyota stops production in Russia

“Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine.”

• March 3, 2022
Toyota
Toyota logo used to illustrate the story

Toyota has announced it will halt exports to Russia and production in the country, following various sanctions imposed on the European country for invading Ukraine.

On Thursday, Toyota noted that the sanctions affected logistics and supply chains. 

“Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine and hopes for a safe return to peace as soon as possible,” the company said in a statement.

It added, “Toyota Motor Russia will stop production at its St-Petersburg plant from 4 March and has stopped imports of vehicles, until further notice, due to supply chain disruptions.”

Toyota is Russia’s top Japanese brand, producing about 80,000 vehicles at its St. Petersburg plant, which has a workforce of 2,000 employees. The company said it would stop production at its St-Petersburg plant from March 4, and halted vehicle imports until further notice, due to supply chain disruptions.

The decision came after Honda and Mazda announced a halt of exports to Russia, citing similar difficulties in procuring parts and logistical barriers.

Mitsubishi also said it might suspend production and sales in Russia, but Nissan announced it would continue operations in the country while observing the situation there.

Mercedes-Benz, Ford and BMW announced halting exports to Russia. Global shipping lines, MSC and Maersk also suspended container shipping to and from the country.

Maersk said on Wednesday that shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs.

The Japanese carmaker is among the few taking a major stand against Russia’s invasion of Ukraine. Outside Japan, only South Korea, Singapore and Taiwan have stood against Russia.

In line with the sanctions imposed by Western powers, brands such as Apple, Amazon, H&M and Nike had taken steps to distance themselves from Russia like halting sales. 

More from Peoples Gazette

Economy

Buhari regime will continue to borrow without subsidy removal: Femi Adesina

“You know how much could have been saved if the subsidy was removed and how it could have been diverted to other areas and spheres of national life.

#EndSARS

Abuja #EndSARS panel wails as police shun sitting

In all the petitions called on Thursday there was no police representation.

Anti-Corruption

Kwara student pleads guilty to internet fraud; gets six-month sentence

The court also ordered the forfeiture of the HP laptop recovered from the convict at the point of arrest to the federal government.

Health

Nigerian women need $5 million per year for contraceptives: Expert

The expert said that family planning was an important tool in the prevention of unwanted pregnancies.

World

Ukraine Invasion: After Toyota, Volkswagen stops production in Russia

Several car manufacturers had announced temporary halts in production at some of their German sites in the past two days.

Hot news Home top

Court throws out FG’s suit against residents doctors over strike

When the case was called on Thursday, neither the claimants nor their legal representatives were not in court.

Kim and Kanye

Showbiz

Kim Kardashian legally divorces Kanye West

The duo who got married in 2014 share four kids.