Automaker Stellantis, which produced and sold the Peugeot, Citroen, Opel, Jeep and Fiat brands in Russia, said today it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow.
Stellantis, the world’s fourth-largest automaker, has just 1% of the car market in Russia, where it operated a plant in Kaluga, about 125 miles southeast of Moscow, with Japanese automaker Mitsubishi, before stop production there in April.
“Given the rapid daily increase in cross-sanctions and logistical difficulties, Stellantis has suspended its manufacturing operations in Kaluga to ensure full compliance with all cross-sanctions and to protect its employees,” Stellantis said in a statement.
Dozens of foreign companies have announced the temporary closure of shops and factories in Russia or said they will leave the country for good since Russia launched what it calls a “special military operation” in Ukraine on February 14.
Stellantis said in late March that it would have to close the Kaluga plant shortly because it was running out of parts.