Mitsubishi Motors says it may suspend car production, sales in Russia due to sanctions By Reuters

0
LYNXNPEC180BO_L.jpg

© Reuters. Staff members wearing protective masks and face shields, amid the coronavirus disease (COVID-19) pandemic, stand in front of the logo of Mitsubishi Motors at Tokyo Auto Salon 2022 at Makuhari Messe in Chiba, east of Tokyo, Japan January 14, 2022. REUTERS/

TOKYO (Reuters) – Japanese automaker Mitsubishi Motors (OTC:) , said on Tuesday that it may suspend production and sale of its cars in Russia as economic sanctions imposed on Russia could trigger supply chain disruptions.

Japanese trading house Mitsubishi Corp owns 141 Mitsubishi dealerships in Russia, according to its website.

Japan on Tuesday joined the United States and other allies in slapping additional sanctions on Russia, including freezing assets of the country’s leaders and three financial institutions.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *