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Honda’s Motorcycle and Car Sales in Russia have Been Halted, According to Reports

Following Russia’s invasion of Ukraine, automakers such as Ford, GM, Harley-Davidson, Volkswagen, Volvo, and Daimler have halted operations in the country.

According to a report by Japanese broadcaster NHK, Honda has announced that it will halt the export of its cars and motorcycles to Russia. Honda has joined the list of leading automakers who have made similar statements. Other automakers, including Ford, Volvo, General Motors, Harley-Davidson, and Daimler Truck, have announced that their operations in the country will be suspended following the country’s invasion of Ukraine.

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Honda's Motorcycle and Car Sales in Russia have Been Halted, According to Reports
Honda’s Motorcycle and Car Sales in Russia have Been Halted, According to Reports

Due to the conflict, premium motorcycle manufacturer Harley-Davidson has halted shipments to Russia. Volkswagen has also joined these organisations.

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Ford, meanwhile, announced on Wednesday that it will cease operations in Russia with immediate effect and will contribute to the Global Giving Ukraine Relief Fund. Ford CEO Jim Farley announced the company’s statement on Twitter. “The situation has forced us to rethink our Russian operations.” Given the circumstances, we have informed our joint venture partners that we are suspending our operations in Russia, effective immediately and until further notice.

Honda's Motorcycle and Car Sales in Russia have Been Halted, According to Reports
Honda’s Motorcycle and Car Sales in Russia have Been Halted, According to Reports

General Motors and Volvo were among the first automakers to announce that their operations in Russia would be temporarily halted. General Motors said in a statement that the current loss of life is a tragedy and that it is deeply concerned about the people in the affected areas. Volvo made a similar statement to explain its suspension change. In addition, AB Volvo has halted truck production in the country. In Russia, Volvo sells around 9,000 vehicles and GM sells around 3,000.

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Daimler has also put its business in Russia on hold and is considering partnering with Russian truck manufacturer Kamaz. Mercedes-Benz Group is looking to sell its 15% stake in Kamaz as soon as possible, according to Handelsblatt.

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