Japanese Honda and Mazda stop exporting to Russia

Japanese Honda and Mazda stop exporting to Russia

FineAuto

The automobile company Honda will stop the export of cars, motorcycles and other products to because of its aggression against Ukraine. Another Japanese automaker Mazda is going to stop the export of spare parts for its plant in our country, writes Nikkei.

The main plant where Mazda is produced in our country was opened in 2012 in Vladivostok.

The agency points out that as more Western companies declare support for economic sanctions against, the business climate there is rapidly deteriorating, the ruble is rapidly devaluing, and the logistics network is becoming fragmented.

The decision to stop business operations in our country was announced by the world’s largest oil and gas corporations (BP, Shell, Equinor, ExxonMobil), numerous car manufacturers (BMW, Ford and others), courier services (UPS, FedEx, DHL) and many other companies .

In Japan, this movement is only gaining momentum.

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