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Ukraine parts shortages hit Volkswagen and BMW

German auto giants Volkswagen AG and BMW AG on Tuesday said that they would temporarily halt production at some plants as the crisis in Ukraine has led to shortages of key components. Russiaโ€™s invasion of Ukraine has โ€œmade the situation more difficult for our Ukraine-based suppliers, leading to shortages,โ€ a Volkswagen spokesman said in a statement. Volkswagen said that production at its central plant in Wolfsburg, Germany, would be โ€œlimitedโ€ next week as a result of the sanctions, whi...
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Russia-Ukarine Crisis: American automaker Ford stops all operations in Russia

Ford CEO Jim Farley broke the news in a tweet, citing a deep concern about the invasion of Ukraine by Russian forces on February 24, and offering an act of support for the Ukrainian people. Farley's tweet included a longer press release, which indicates that the Ford Fund will donate $100,000 to the Global Giving Ukraine Relief Fund at an unspecified date and time.
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