A Russian market close to catastrophe

shutterstock_1696906258

One year since Russia invaded Ukraine the consequent sanctions taken by global companies combined with the exodus of European businesses have shattered the manufacturing base

Western sanctions and the mass exodus of European businesses from Russia have wreaked havoc on the entire Russian automotive supply chain. It is believed that dozens of tier one and hundreds of tier two suppliers suspended operations in Russia and in 2022, Russia assembled 450,000 finished vehicles, 67% fewer than in the previous year

THIS ARTICLE IS AVAILABLE TO REGISTERED USERS ONLY.

To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.

Create your FREE Automotive Logistics Account

AL Comp Tablet and print phone image 400px

By creating your account you will be able to stay up-to-date with the latest industry developments, trends and analysis, read in-depth reports and intelligence, and connect with your peers.

Creating an account gives you:

  • Detailed analysis and the latest news from leading global vehicle makers, tier suppliers and logistics providers
  • A weekly update on developments from your chosen sector  
  • A website homepage that is customised to the stories you want
  • Regular updates on our new suite of digital products
  • Early access to reports from our global portfolio of events

Gain access to our exclusive content and features register free today

Non-registered users are able to access one AL exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today