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Impacto conflito Rússia / Ucrânia na Indústria Automóvel (atualização 17/jun)

How Russia’s invasion of Ukraine is impacting the auto industry

The crisis in Ukraine has caused disruptions at some auto assembly plants and prompted companies to suspend shipments to Russia.

in Automotive News Europe, atualizado 17-06-2022


Russia’s invasion of Ukraine is causing ripple effects in the automotive supply chain. The attack also has prompted companies to stop shipping to Russia or suspend operations there.

Here are some of the impacts on the auto industry:

Putin orders gov’t to support domestic car industry

  • Industry and Trade Minister Denis Manturov said Moscow would allocate $377 million this year to support demand for cars.

Western Europe sales could dip below 10 million in 2022, forecaster says

  • Western European new car sales could dip below the 10 million mark this year because of continuing supply chain issues, forecaster LMC Automotive said this month.

Skoda production to resume in Ukraine

  • Skoda will resume deliveries of semi knocked-down kits to its Ukraine production partner.

Skoda is making wire harnesses in-house amid Ukraine war shortages

  • Skoda is producing wire harnesses at its home plant in the Czech Republic after the Ukraine war disrupted supplies of the key component.

Lexus loses significant portion of Europe sales after Russian pullout

  • The war in Ukraine and sanctions imposed on Russia will have a strong impact on Lexus, which generated about 30 percent of sales in its Europe region in those two countries, with Russia its largest European market overall.

Russians divided over plans to reboot classic soviet-era car

  • Despite the Moskvich’s long history, enthusiasts told Reuters they are divided about plans to reboot a car many assumed had been consigned to the past.

Leoni to sell cables business to Asian rival as sales fall during Ukraine war

  • German wiring system manufacturer Leoni is selling its automotive standard and special cables business to Stark Corporation. The Stark Corporation is a supplier of wires and cables in Southeast Asia.

AvtoVAZ names Russia’s ex-transport minister as CEO after Renault exit

  • AvtoVAZ appointed former transport minister Maxim Sokolov as its new president and CEO after its main shareholder Renault withdrew from the Russian market.

BMW exploring energy investments to reduce dependence on natural gas

  • BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas from Russia.

 

Russia to revive Soviet-era Moskvich after Renault exit

  • A Soviet-era car brand the “Moskvich” could make a surprise comeback in Russia, as Moscow takes over assets belonging to Renault following the French automaker’s exit from the country.

Renault sells stake in AvtoVAZ, with 6-year buyback option

  • Renault will sell its majority stake in AvtoVAZ to a Russian science institute, the automaker said on Monday, adding that the deal included a six-year option to buy back the stake.

German automakers could see production suffer in country’s gas showdown with Russia

  • Europe’s largest economy is bracing for the prospect that Russian natural gas may be cut off suddenly, which could leave domestic automakers such as BMW, Mercedes and VW Group struggling to build their cars.

Nissan does not expect to resume Russian operations before March 2023

  • Nissan has written off its Russian business in its forecast for the fiscal year ending 31 March 2023 after it took a 52.6 billion yen ($499 million) financial hit from its Russian and Ukrainian operations last year.

Russia sales plunge 79% in April as automakers leave market

  • New-car sales in Russia plunged the most on record last month as sanctions undermined domestic production and most foreign automakers suspended operations in the wake of President Vladimir Putin’s invasion of Ukraine.

Leoni says Ukraine output of wire harnesses nearly at prewar levels

  • The German supplier Leoni has resumed production of wire harnesses in western Ukraine, and volume has nearly returned to prewar levels after the company was forced to shut two factories for about a week after Russia invaded the country.

Ukraine bomb shelters help Leoni keep VW, BMW supplied

  • Wire harness maker Leoni has been forced to overhaul how it operates in Ukraine — from shifts to shelters to shipping goods across the border.

Renault CEO says decision on Russia assets coming in ‘weeks’

  • Renault CEO Luca de Meo said the automaker will decide in the coming weeks on the future of its operations in Russia, where it suspended operations in March following the invasion of Ukraine.

VW prepares Wolfsburg plant for EU embargo on Russian energy

Volkswagen Group is upgrading energy supply for its Wolfsburg factory to use alternative fuel sources to meet an EU ban on Russian energy imports.

VW warns of gas supply risks from Ukraine war

  • Gas supply risks from the war in Ukraine pose a serious threat to Volkswagen’s main plant in Wolfsburg, VW Group CEO Herbert Diess said.

Renault to transfer AvtoVAZ stake to Russian science institute for symbolic 1 ruble

  • Renault will transfer its 68 percent stake in Russia’s biggest carmaker, AvtoVAZ, for 1 ruble to auto research institute NAMI, an institute founded over century ago to design and build cars and trucks, including the limousines used by President Vladimir Putin.

Germany auto industry prepares for Russian energy cutoff

  • German automakers and suppliers are preparing for the possibility that Russia will cut off gas supplies to Europe as a result of the Ukraine conflict.

BMW, Audi suspend car shipments by train to China, report says

  • BMW and Audi have suspended shipments of cars by rail from Germany to China due to the war in Ukraine, the Nikkei business daily reported.

Renault is ‘making progress’ in talks over future of Russian unit AvtoVAZ

  • Renault Group is “making progress” in negotiating the future of its Russian unit AvtoVAZ, following the suspension of operations amid the war in Ukraine.

Renault’s Q1 revenue falls amid Ukraine conflict and chips crisis

  • Renault, the Western automaker most exposed to the Russian market, posted a drop in first-quarter revenue, as the conflict in Ukraine and problems with supplies of semiconductor hit vehicle sales.

Europe sales slumped in March amid Ukraine-related parts shortages

  • New-car sales in Europe fell for the ninth month in a row in March as supply chain problems caused by the war in Ukraine continued to hit the region’s sector.

Continental restarts output at Russian plant

  • Continental said it has resumed production at its Kaluga tire factory to protect employees who could otherwise face criminal charges.

Stellantis stops van output in Russia on parts shortage

  • Stellantis has halted production at its van factory in Russia because it has run out of parts.

VW Q1 profits rise but Ukraine war could still hurt

  • VW Group said its preliminary Q1 operating return on sales rose sharply, but the impact of the war in Ukraine was still uncertain.

Mitsubishi halts output Russian plant it co-runs with Stellantis

  • Mitsubishi said it has stopped production at a Russian plant it owns with Stellantis due to the logistical difficulties.

Russian car sales collapse as Ukraine war leads to supply, price shocks

  • Russian car sales plunged 60 percent last month as sanctions imposed over the invasion of Ukraine battered the ruble and many global auto companies joined a boycott of the country, leaving buyers confronting sparse showrooms.

Russian auto boom town grinds to halt over sanctions

  • Western sanctions over Russia’s invasion of Ukraine have exacerbated component shortages and halted production in the Kaluga region southwest of Moscow at plants from companies including VW and Stellantis.

Ford Fiesta production could be paused until April 25

  • Production of the Ford Fiesta at Ford’s factory in Cologne, Germany, could be halted until April 25 as the automaker battles supply chain disruption.

VW halts output at plant that builds Porsche, Audi and VW SUVs

  • Volkswagen Group is pausing output at its plant in Bratislava, Slovakia, on parts shortages.

Ukraine war costs German automakers 150,000 vehicles

  • German automakers lost about 150,000 vehicles from their March production plans because of supply shortages stemming from the war in Ukraine, according to an LMC Automotive estimate.

Rivian says Ukraine war worsens supply-chain woes

  • EV maker Rivian says Russia’s invasion of Ukraine is adding to supply chain pressures and costs, becoming one of the first U.S. automakers to cite the war in Eastern Europe as a risk and headwind.

Stellantis will have to close van factory, CEO Tavares says, citing shortages

  • Stellantis will have to soon close its van factory in Russia because it is running out of parts, CEO Carlos Tavares said.

News analysis: Renault faces costs, now and later, in exit from Russia

  • Renault Group’s decision to suspend activities in Russia – possibly leading to a permanent exit from its second-largest market – following the invasion of Ukraine carries both short- and long-term costs.

Renault to explore ownership transfer of Russian unit AvtoVAZ, report says

  • Renault is considering an ownership transfer of its majority-held Russian venture AvtoVAZ to a local investor as a way to exit the country, according to people familiar with the matter.

Mercedes cuts production at flagship German plant

  • Mercedes-Benz Group said its German factories are operating even though the automaker has been forced to make some shift adjustments at its Sindelfingen plant, which builds the S-Class and EQS flagship sedans.

Porsche reduces output at German factories

  • Porsche is suffering production issues again from a shortage of parts, including cable harnesses, due to the war in Ukraine. The automaker is being forced cut shifts at its factories in Zuffenhausen and Leipzig, Germany.

Auto supplier Leoni’s Ukranian workers make wire harnesses and dodge missiles

Under constant risk of Russian rocket attacks, workers at German wire harness supplier Leoni’s two Ukrainian plants are ramping up production to help keep their European automakers building vehicles.

Russian invasion of Ukraine may leave manufacturers hesitant to return

Many of the companies that have moved operations outside of Ukraine or Russia might not be in a hurry to return, an analyst at AlixPartners said.

Ukraine war refugees offered free charging for electric cars

  • Greenway, Poland’s largest EV infrastructure provider, is offering free charging as a way to help its neighbors across the border in Ukraine.

VW delays ID5 launch on lack of wire harnesses from Ukraine

  • VW will push back the launch of its ID5 battery-electric car by a month to the first week of May because of disruptions in the supply of wire harnesses from Ukraine.

AvtoVAZ plans four-day week for three months

  • Russia’s AvtoVAZ will impose a four-day working week for three months starting June 6 as it copes with a continuing shortage in the supply of electronic components.

Renault CEO says Russia exit will complicate automaker’s recovery

  • Renault Group CEO Luca de Meo has warned that the automaker’s retreat from Russia creates a “very complex situation” for the company, weighing on profits and sales as it seeks to accelerate a multiyear turnaround effort.

Stellantis keeps Russia van plant open as Renault shuts

  • Stellantis is continuing to build vans at its factory near Moscow, even as rival Renault has bowed to pressure to exit its sizable operations in Russia.

Russia’s threat to nationalize assets could cost auto industry billions

  • Russian President Vladimir Putin is considering seizing the assets of companies that have left the country in response to its invasion of Ukraine, putting billions of dollars in automotive assets at risk.

Russia says it will decide on the future of Renault’s Moscow plant next week

  • Russian authorities will decide how to use Renault’s plant in Moscow by the end of next week, the Ministry of Industry and Trade said, after the automaker announced it was suspending operations there.

Renault’s Russian partner AvtoVAZ will build Lada models with less foreign content

  • Russia’s top automaker, AvtoVAZ, said it would manufacture new models with reduced exposure to imported components and do its best to restore supply chains after Renault said it was suspending operations at its Moscow factory and would “assess” its stake in AvtoVAZ.

Renault suspends Russian business, adjusts 2022 outlook

  • Renault said it would suspend operations at its plant in Moscow while it assesses options on its majority stake in AvtoVAZ, the country’s No. 1 automaker.

VW will restart production at German EV plants

  • VW said on Wednesday that it would resume car production at its German EV factories in Dresden and Zwickau from next week, sooner than it had planned.

VW’s Seat is hit by impact of Ukraine war

  • VW Group’s Spanish subsidiary Seat is facing production shortfalls from multiple sources, first from the semiconductor shortage and now from the impact of the war in Ukraine, CEO Wayne Griffiths said.

VW resumes output in Slovakia plant that builds Porsche, Audi, and VW large SUVs

  • VW Group has resumed production at its factory in Bratislava, Slovakia, after a two-day stoppage because of the chip shortage and supply constraints caused by the war in Ukraine.

Leoni boosts output of wire harnesses in Ukraine despite threat of Russian rockets

  • Leoni is ramping up production of wire harnesses at its two plants in Ukraine — with workers operating under a nighttime curfew and the risk of rocket attacks.

VW ramps up Wolfsburg production faster than planned

  • VW is ramping up production in Wolfsburg faster than originally planned as the supply situation stabilizes, despite the ongoing war in Ukraine.

Skoda says Ukraine supplier is making wire harnesses again

  • Skoda said its supplier in Ukraine had decided to restart production of wire harnesses, which should allow the Czech automaker to resume production of the Enyaq electric SUV.

Ford’s European output hit by Ukraine war

  • Ford’s vehicle factories in Germany and Spain are facing production disruption due to shortages of parts from Ukraine and other locations.

Renault resumes production at Moscow plant

  • Renault has resumed production at its Moscow plant after suspending operations there in late February.

AvtoVAZ partially halts production at Russian plants

  • Lada maker AvtoVAZ, which is controlled by Renault, said it is partially halting production at its Russian plants in Togliatti and Izhevsk due to shortages of electronic parts.

Bosch suspends Russia business, says parts may have been misused

  • The supplier is probing the use of its products after Ukraine’s Foreign Minister Dmytro Kuleba said Ukraine had found Bosch parts in Russian military vehicles.

Ukraine suppliers are still producing wire harnesses

  • Audi CEO Markus Duesmann said the automaker had lost a substantial amount of wire harness production in Ukraine that was needed to keep assembly plants running — but amazingly, not all of it.

VW will ramp up output at Wolfsburg

  • Aftrer parts shortages caused by the Ukraine war eased, Volkswagen plans to increase Golf production in Wolfsburg while its EV plants will stay shut until April.

BMW’s German, UK plants will return to full output

  • BMW Group will resume full production next week at factories in Germany and the UK that were halted or slowed by supply bottlenecks after Russia’s invasion of Ukraine.

Nissan halts production at Russian factory, citing parts shortages

  • Nissan has halted production at its factory in St. Petersburg, Russia, for three weeks, citing problems sourcing parts from outside the country.

Mercedes holds firm on EV investment plans despite Ukraine war disruption

  • Mercedes-Benz will not cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, CEO Ola Kallenius said.

BMW cuts automotive margin forecast due to Ukraine war

  • BMW Group lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, which will have an effect on supply chains and weigh on the global economy.

Ukraine parts shortage puts 15% of European auto output at risk, analyst say

  • Up to 15 percent of European auto production could be at risk because of shutdowns at wire-harness factories in Ukraine after the Russian invasion, Colin Langan, an auto analyst at Wells Fargo, said.

Audi stops production at Neckarsulm plant on supply-chain disruption

  • Audi says supply bottlenecks caused by the war in Ukraine and the coronavirus pandemic, as well as the current situation regarding the supply of semiconductors, are contributing factors in its decision to halt output at the German plant.

Inchcape says Russia business ‘no longer tenable’

  • UK car distributor Inchcape said it had started transitioning its Russian business after noting ownership interests in the country were “no longer tenable” amid Western sanctions on Moscow following its invasion of Ukraine.

EU said to mull Russia export ban on cars worth over 50,000 euros

  • The EU is discussing a ban on exports of luxury vehicles worth more than 50,000 euros ($54,760) to Russia that would hit models from several European car brands, including Audi, BMW, Mercedes-Benz, Ferrari and Porsche.

Mercedes cuts shifts in Hungary plant

  • Mercedes has temporarily cut shifts at its factory in Kecskemet, Hungary, to two from three, citing supply-chain disruptions caused by the Ukraine war.

Michelin suspends its activities in Russia

  • Michelin is suspending production at its Davydovo plant, which produces up to 2 million tires per year as well as exports to the country.

Ukraine war upends Central Europe’s post-Covid revival

  • The Ukraine crisis has led to VW pausing production in Poland and Skoda stopping Czech output of its Enyaq electric SUV, stoking risks of sharper economic slowdowns.

Stellantis will move Russian van output to W. Europe

  • Stellantis will move its current Russian van production from a plant in Kaluga, which it shares with Mitsubishi, to Western Europe and freeze plans for more investments in the country.

Mercedes flags billions at risk

  • Mercedes-Benz has about 2 billion euros ($2.2 billion) of assets in Russia that could be at risk if Moscow decides to expropriate the property of foreign companies that leave the country over its invasion of Ukraine.

Russia situation unlikely to affect Renault’s recovery, chairman says

  • The invasion of Ukraine is unlikely to threaten Renault’s recovery as this is already on the right track and the automaker’s long-term strategy goes well beyond the current situation, Jean-Dominique Senard said.

VW’s Diess warns Ukraine war risks economic damage worse than pandemic

  • Volkswagen Group CEO Herbert Diess warned that a prolonged war in Ukraine risks being “very much worse” for the European economy than the coronavirus pandemic and may lead to huge price increases, scarcity of energy and inflation.

Tesla will pay conscripted Ukranian employees for up to three months, report says

  • Tesla will pay Ukrainian employees asked to defend their country for at least three months, U.S. broadcaster CNBC reported.

BMW will resume production at German plants

  • BMW will gradually resume production at its Munich and Dingolfing plants in Germany after it suspended production due to supply chain issues caused by Russia’s invasion of Ukraine.

Suzuki will suspend exports to Russia from its Hungary factory

  • Suzuki’s Hungarian factory has suspended car exports to Russia and Ukraine as of March due to the war.

AvtoVAZ to partially resume output next week

  • AvtoVAZ will partially resume operations at its Togliatti and Izhevsk plants from March 16 because it says it wants to protect the incomes of its staff in Russia.

Porsche halts Taycan output on parts shortages

  • Porsche is temporarily halting production of its Taycan EV at its Stuttgart-Zuffenhausen plant due to a lack of components caused by Russia’s invasion of Ukraine.

Production of Mercedes-Benz S-Class, EQS models has been disrupted in Germany by parts disruption

  • Mercedes-Benz is adjusting shift scheduling at its home plant in Sindelfingen near Stuttgart, where it builds the S-Class sedan and EQS electric sedan, because of the impact of the Ukraine war.

Continental is working on shifting production from its Russia plant

  • Continental is trying to identify locations where it can raise production to compensate for the loss of output at its Kaluga plant in Russia, where production has been suspended.

Russia could nationalize automakers that shut operations

  • A senior member of Russia’s ruling party proposed nationalizing foreign-owned factories that shut down operations in the country over what the Kremlin calls a special military operation in Ukraine. VW, Toyota and Ford are among automakers that have temporarily closed their Russian plants.

Ferrari suspends production of vehicles for Russian market

  • Ferrari said it is suspending the production of vehicles for the Russian market until further notice. The automaker is also donating 1 million euros ($1.09 million) to support Ukrainians in need.

Chinese automakers to benefit as rivals exit Russia

  • Chinese automakers operating in Russia including Great Wall’s Haval, Chery and Geely, have potential to gain market share, analysts say.

Automakers face soaring metal costs

  • Russia’s invasion of Ukraine is ramping up the price of metals used in cars, from aluminum in the bodywork to palladium in catalytic converters to the high-grade nickel in electric-vehicle batteries.

Stellantis CEO Tavares calls for lower steel tariffs

  • Stellantis CEO Carlos Tavares has called for U.S. and European officials to lower protective tariffs on steel as raw material and energy prices rise.

VW brings forward Ukraine-related production stoppage

  • Volkswagen has brought forward a production stop at its home factory in Wolfsburg as the supply situation for key part such as wire harnesses gets worse. Porsche, Audi, BMW and Mercedes-Benz are also reducing production in Germany.

Leoni forms task force to counter supply disruption

  • The key supplier Leoni has formed a task force to tackle the disruption in supplies of Ukraine-produced wire harnesses that has caused German automakers to reduce or stop production.

Hyundai is unsure when Russian output will resume

  • Hyundai said it has not decided when to resume operations at its plant in St Petersburg, Russia, citing ongoing issues with components delivery.

Audi to cut German production due to Ukraine crisis

  • Production of A4 and A5 models at Audi’s home plant in Ingolstadt, Germany, will be suspended from March 7-11. In Neckarsulm, production of A6 and A7 models will be paused from March 7-18.
  • Further output cuts are likely to follow, Audi said.

Mercedes is forced to cut shifts at European plants

  • Mercedes-Benz expects to reduce production at some of its European plants as supplies of parts produced in Ukraine run short.
  • The automaker said it will adjust shift planning at individual plants, but it will aim to avoid complete production stoppages.

VW, Porsche, Bentley exports to Russia halted on sanctions

  • Volkswagen Group has joined the exodus of companies from Russia, suspending exports to and local production in the country in response to its invasion of Ukraine. The move affects VW’s two factories in Russia that produce Volkswagen brand and Skoda models, the maker of Porsche, Lamborghini and Bentley cars, popular with Russia’s elite, said.

Porsche suspends Macan, Panamera output due to Ukraine conflict

  • Porsche is pausing output at its plant in Leipzig, which builds the Macan and Panamera as the Ukraine conflict disrupts its supply chain.

Nissan suspends vehicle exports to Russia, expects production stoppages

  • Nissan has suspended vehicle exports to Russia given logistics challenges related to the conflict in Ukraine. The Japanese automaker, which sold 53,000 vehicles in Russia last year, expects “further challenges” to lead to local production stoppages.
  • Meanwhile, Russia’s biggest carmaker, AvtoVAZ, will stop its Togliatti and Izhevsk plants on Saturday and from March 9 to 11 as it grapples with a crisis in supplies of electronic components.

Mercedes is forced to cut shifts at European plants

  • Mercedes-Benz expects to reduce production at some of its European plants as supplies of parts produced in Ukraine run short. The automaker said it will adjust shift planning at individual plants next week, but it will aim to avoid complete production stoppages.

German automakers warn of more production fallout from Ukraine crisis

  • German automakers association VDA said that the fallout from Russia’s invasion of Ukraine was disrupting transport routes as well as financial transactions and that it was bracing for shortages in a range of raw materials. It said the impact from the conflict on shipping, rail and air freight was compounding problems in the supply chain at a time when inventory levels were already low.

Europe’s auto production crashes as flow of wire harnesses dries up

  • Automakers including Volkswagen, BMW and Porsche are struggling to obtain crucial wire harnesses as suppliers in western Ukraine have been shuttered by the Russian invasion of the country, forcing production stops at car factories in Germany.

Toyota to suspend Russia production, vehicle imports

  • Toyota will halt production at its Russian factory starting Friday while vehicle imports into the country have also stopped indefinitely due to supply chain disruptions. Toyota is Russia’s top Japanese brand, producing about 80,000 vehicles at its St. Petersburg plant which employs 2,000.

Honda suspends vehicle sales to Russia

  • Honda Motor Co. is halting exports of cars and motorcycles to Russia, joining a growing number of global companies choosing not to do business in the country after its invasion of Ukraine.

Ford suspends Russian operations following invasion of Ukraine

  • Ford Motor Co., in response to Russia’s invasion of Ukraine, said it informed joint venture partner Sollers it is immediately suspending operations in Russia until further notice.

VW warns of more production cuts as Ukraine crisis hits suppliers

  • Volkswagen expects to temporarily idle more plants, including its main Wolfsburg factory, as fallout from shortages of key parts from suppliers in Ukraine is spreading.

Renault shares crushed by concerns about automaker’s Russia exposure

  • Shares of Renault, the European automaker most exposed to Russia, tumbled to their lowest close since November 2020 as countries around the world escalate measures to penalize President Vladimir Putin for invading Ukraine.

Jaguar, Aston Martin stop Russian deliveries

  • British automakers Jaguar Land Rover and Aston Martin paused vehicle shipments to Russia, as sanctions over the war in Ukraine had created growing trading obstacles for the car industry.

Renault shares crushed by concerns about automaker’s Russia exposure

  • Shares of Renault, the European automaker most exposed to Russia, tumbled to their lowest close since November 2020 as countries around the world escalate measures to penalize President Vladimir Putin for invading Ukraine.

Stellantis sets up task forces as impact of Ukraine crisis on automakers intensifies

  • Stellantis has established two task forces to deal with the effects of the Russian invasion of Ukraine.One of the task forces is monitoring sanctions imposed by the U.S. and its Western allies on Russia and how the automaker will comply with them. The other is keeping watch on the automaker’s 71 staff in Ukraine. The employees were safe as of the last update.

Volvo, GM, VW, Daimler Truck suspend shipments to Russia

  • Volvo said it will suspend car shipments to the Russian market until further notice, while Volkswagen has temporarily suspended deliveries to local dealerships of cars already in Russia. Daimler Truck also said it would freeze its business activities in Russia with immediate effect, including its cooperation with Russian truck maker Kamaz.

VW halts EV production in Germany as Ukraine crisis hits supplies

  • Volkswagen will halt production this week at two EV plants in Germany after Russia’s invasion of Ukraine hit deliveries of components. Production of VW, Audi and Cupra compact battery-electric cars built on the VW Group’s MEB platform will be affected.

Auto technlogy supplier Aptiv shifted high-volume production out of Ukraine

  • Automotive technology supplier Aptiv shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, CEO Kevin Clark said.

 

 

Porsche is pausing production of the Macan SUV at its factory in Leipzig, Germany.

 

 

 

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