Japanese automaker suspends production in Russia ...News

Nissan’s plant in St. Petersburg is halting work for six months Japanese automaker Nissan has decided to suspend production in Russia for the first half of the fiscal year, which started on April 1, Reuters reported on Tuesday, citing CEO Makoto Uchida. “We believe this situation could become more serious and prolonged,” a spokesman quoted Uchida as saying at Nissan’s annual general meeting, referring to the conflict in Ukraine and the Western sanctions on Russia. The automaker had already suspended production at its plant in St. Petersburg in March, and halted exports to Russia, citing logistics risks due to the

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