Stellantis, for now, keeps Russia van plant operating after rival Renault bows to pressure over Ukraine
![]() 1564 Thursday, 31 March, 2022, 19:08 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 following its invasion of Ukraine a month ago. Stellantis's Kaluga factory is operating at a low level, a spokeswoman said Thursday, though the plant may have to shut down because of logistical and supply problems. After weeks of mounting scrutiny culminating in a public chiding from President Volodymyr Zelensky of Ukraine, Renault said on Wednesday that it is suspending operations at its Moscow car plant and is considering the future of its Russian venture AvtoVAZ, which owns Russia's best-selling car brand, Lada. Renault's decision lagged moves by Volkswagen Group, BMW and Ford Motor Co. to suspend operations at local factories. With less at stake than Renault in Russia, Stellantis CEO Carlos Tavares said earlier this month that the maker of brands including Jeep, Peugeot, Opel and Fiat would halt exports and imports to and from Russia. Tavares has said Russia accounts for 20 million to 30 million euros ($33 million) of profit annually, making any impact on the automaker's overall operations negligible. The Kaluga plant, about 150 km (93 miles) southwest of Moscow, builds about 11,000 commercial vehicles a year. |
Trump imposes tariffs on penguin-inhabited islands
341Yesterday, 10:39Trump imposes 10 percent tariff on imports from Armenia
424Yesterday, 09:57Sybiga: "We are working on a new minerals agreement"
70501.04.2025, 16:33Slovakia has received more than €100 million from the EU for energy projects in Ukraine
88031.03.2025, 18:57Trump: "New US tariffs will affect all countries"
80231.03.2025, 15:27Trump։ "Secondary tariffs will be imposed on Russian oil"
80031.03.2025, 12:09Germany has allocated 7.27 million euros to restore Ukraine's energy sector
111728.03.2025, 17:09Live: France and Britain will lead mission to support a future Ukrainian peace deal, Macron says
138227.03.2025, 21:21