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The Ukraine war has massively impacted the global auto industry


The Ukraine war has been slowly changing everything around us, causing ripple effects in the auto world as well. In fact, most key players across the automotive industry have taken decisive action or have been heavily impacted by Russia’s invasion. So let’s take a look at what’s happening. Suspension of business and halt of production Following the imposed sanctions against Russia, most automakers have suspended vehicle exports to the country and frozen overall business activities. Among them, Volvo, Volkswagen, BMW, and Toyota have also stopped production at their Russian facilities either in alignment with the sanctions (as is the case…

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